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Several years after reengineering its production process For the upcoming year, Trudell's budgeted ABC Trudell Corporation hired a new controller manufacturing overhead allocation rates are as follows: Rachael Johnson. She developed an ABC system very EE (Click the icon to view the additional data.) similar to the one used by Trudell's chief rival, Southstream. The number of parts is now a feasible allocation base Part of the reason Johnson developed the ABC system was because Trudell's profits had been declining even though because Trudell recently in a plantwide computer system. Trudell produces two wheel models: Standard and the company had shifted its product mix toward the product Deluxe. Budgeted data for the upcoming year are as that had appeared most profitable under the old system. follows Before adopting the new ABC system, Trudell had used a plantwide overhead rate based on direct labor hours that EE (Click the icon to view the additional data.) was developed years ago. Read the requirements