Several years after reengineering its production process, Zeke Corporation hired a new controller, Jane Smith. (Click the icon to view additional information.) For the upcoming year, Zeke's budgeted ABC manufacturing overhead allocation rates are as follows: (Click the icon to view the additional data.) Requirement 1. Compute the total budgeted manufacturing overhead cost for the upcoming y Zeke Corporation Total Budgeted Indirect Manufacturing Costs Budgeted Quantity of Cost Allocation Base Activity Cost Allocation Rate Total Budgeted Indirect Cost The number of parts is now a feasible allocation base because Zeke recently installed a plantwide computer system. Zeke produces two wheel models: Standard and Deluxe. Budgeted data for the upcoming year are as follows: (Click the icon to view the additional data.) Requirements 1. Compute the total budgeted manufacturing overhead cost for the upcoming year. 2. Compute the manufacturing overhead cost per wheel of each model using ABC 3. Compute the company's traditional plantwide overhead rate. Use this rate to determine the manufacturing overhead cost per wheel under the traditional system. Activity Materials handling Machine setups Insertion of parts Finishing Total budgeted indirect cost Enter any number in the edit fields and then click Check Answer Activity Print Done Allocation Base Activity Cost Allocation Rate Materials handling...Number of parts Machine setup Number of setups Insertion of parts.. Number of parts $5.50 per part $325.00 per setup $27.00 per part Finishing Finishing direct labor hours $52.00 per hour