their allocation bases are as follows: \# (Click icon to view the budgeted costs and activity bases.) Read the requirements. Requirement 1. Compute the predetermined overhead allocation rate for each activity. Data table \begin{tabular}{lcr} \hline Activity & TotalBudgetedCost & Allocation Base \\ \hline Materials handling & $ & 12,000 Number of parts \\ Machine setup & 3,100 Number of setups \\ Insertion of parts & 42,000 Number of parts \\ Finishing & 86,000 Finishing direct labor hours \\ Total & $ & 143,100 \\ \hline \hline \end{tabular} Franklin expects to produce 500 chrome bumpers during the year. The bumpers are expected to use 4,000 parts, require 10 setups, and consume 1,000 hours of finishing time. Requirements 1. Compute the predetermined overhead allocation rate for each activity. 2. Job 86 required the production of 125 bumpers and required one setup. Compute the indirect manufacturing cost allocated to Job 86 . Print Done Print Done