Sotir Industries, a small, family-run manufacturer, has adopted an ABC system. The following manufacturing activities, indirect manufacturing costs, and usage of cost drivers have been estimated for the year (Click the icon to view activities, total costs, and cost drivers.) During May, Allan and Priscilla Sotir machined and assembled Job 417. Allan worked a total of 12 hours on the job, while Priscilla worked 6 hours on the job. Allan is paid a $25 per hour wage rate, while Priscilla is paid $31 per hour because of her additional experience level. Direct materials requisitioned for Job 417 totaled $1,300. The following additional information was collected on Job 417: The job required 1 machine setip, 7 machine hours, and 2 quality control tests. Compute the activity cost allocation rates for the vear 1 1. Compute the activity cost allocation rates for the year. (Round your answers to the nearest whole dollar.) First determine the formula to compute the allocation rate for the activity-based cost rate, then calculate the rate for each activity Activity cost allocation rate Machine setups per setup Choose from any list or enter any number in the input fields and then continue to the next question. 1. Compute the activity cost allocation rates for the year. Complete the job cost record for Job 417 2. Estimated Total Manufacturing Estimated Total Overhead Costs Usage of Cost Driver Activity Machine setup. 141,600 2,950 setups $ 1,111,000 5,050 machine hours Machining.. $ $ 329,000 4,700 tests run Quality control