Several years after reengineering its production process, Kane Corporation hired a new The number of parts is now a feasible allocation base because Kane recently installed a controler. Georgia Taylor plantwide computer system, Rane produces two wheel models: Standard and Deluxe (Click the icon to view addition information Budgeted data for the upcoming yer are as follows: Click the icon to yow the additional data) For the upcoming year, Kane's budgeted ABC manufacturing overhead allocation rates are as follows Read the remonts (Click the icon to view the additional data) Requirement 1. Compute the total budgeted manufacturing overhead cost for the upcoming year (Enter the rates to decimal places) Kane Corporation Total Budgeted Indirect Manufacturing Costs Budgeted Quantity of Activity Cout Total Budgeted Activity Cost Allocation Base Allocation Rate Indirect Cost Materials handling Machine setups Insertion of parts Finishing Total budgeted Indirect cost CARA leimilar tal Que More Info The number of parts is now a feasible allocation base because Kane reo plantwide computer system. Kane produces two wheel models: Standar Budgeted data for the upcoming year are as follows: (Click the icon to view the additional data) Te as She developed an ABC system very similar to the one used by Kane's chief rival. Part of the reason Taylor developed the ABC system was because Kane's profits had been declining even though the company had shifted its product mix toward the product that had appeared most profitable under the old system. Before adopting the new ABC system, the company had used a plantwide overhead rate based on direct labor hours that was developed years ago Read the requirements 0 Data Table 1 Data Table Activity Allocation Base Materials handling .... Number of parts Machine setup ....... Number of setups Insertion of parts ... Number of parts Finishing Finishing direct labor hours Activity Cont Allocation Rate $3.00 per part $350.00 per setup $24.00 per part $66.00 per hour Standard Deluxe Parts per wheel 60 8.0 Setups per 1,000 wheels 20.0 20.0 Finishing direct labor hours per wheel 1.5 Total direct labor hours per wheel 28 3.8 The company's managers expect to produce 1,000 units of each model during the year 3.5 Print Dono Print Done