Several years after reengineering its production process. Zeke Corporation hired a new controller, Rachael Johnson. She developed an AC salom vry similar to the one used by Zeke's chief rival Part of the reason Johnson developed the ABC system was because Zeke's profits had been declining eve ad appeared most profitable under the old system Before adopting the new ABC system, Zeke had used a plantwide overhead rate based on direct labor (Click the icon to view the overhead custs and budgeted data) Read the quements Requirement 1. Compute the gross profit per wheel if managers rely on the A Begin by computing the total manufacturing cost per wheel for each wheel mod Zake Corporation Total cost per unit using ADC data Data Table Manufacturing Overhead Costs per Unit Standard Deluxe ABC costs... .$ 25850 $ 431.50 Plantwide overhead rate .$ 310505 37950 The following data are budgeted for the company's Standard and Dekace models for next year Total manufacturing cost Standard Delure Deluxe Sales price per wheel.... Direct materials per wheel.... Direct labor per wheel. 42000 600 00 3000 $ 40.00 45.90 $ 5000 Now compute the gress profit per wheel for each wheel model Print Done Choose from any it enter any number in the input fields and then conto the next question