Upz produces different styles of potato chips (ruffled, flat, thick-cut, and gourmet) for different corporate customers. Each style of potato chip requires different preparation times, different cooking Question list K and draining times (depending on desired fat content), and different packaging (single serving versus bulk). Therefore, Upz has decided to use ABC costing to better capture the manufacturing overhead costs incurred by each style of chip. Upz just received an order to produce 22,000 single-serving bags of gourmet, fancy-cut, low-fat potato chips. The order will require 16 preparation hours and 35 cooking and draining hours. The cost allocation rate for each activity is provided in the accompanying table. (Click the icon to view the relevant activity rates.) O Question 5 Requirements What is the total amount of MOH that should be allocated to this order? 2. How much MOH should be assigned to each bag? O Question 6 3. What other costs will Upz need to consider to determine the total manufacturing costs of this order? - X O Question 7 Requirement 1. What is the total amou Activity Rates Determine the basic formula needed to jary calculations to two decimal places as needed. Round your final answers to Activity O Question 8 Activity Cost Allocation Rate Base Units Preparation 38.00 per hour of preparation Preparation O Question 9 Cooking and draining 22.00 per hour of cook and drain Cooking/draining Packaging 0.09 per unit packaged Packaging Question 10 The total amount of manufacturing over Requirement 2. How much MOH shou Print Done O Question 11 Determine the formula needed to calcu bag. (Round your answer to the nearest cent lBudgeted costs and activity bases Total Budgeted Manufacturing Activity Overhead Cost Allocation Base Materials handling . .. $ 11,000 Number of parts Machine set-up . . . .. 3,600 Number of set-ups Insertion of parts . . .. 44,000 Number of parts Finishing 76,500 . . . . . . . . . Finishing direct labour hours 135, 100 Total Print DoneUpz produces different styles of potato chips (ruffled, flat, thick-cut, and gourmet) for different corporate customers. Each style of potato chip requires different preparation times, different cooking Question list K Requirement 1. What is the total amount of MOH that should be allocated to this order? Determine the basic formula needed to allocate overhead to this order, then compute the overhead allocated to each activity. (Round all intermediary calculations to two decimal places as O Question 5 needed. Round your final answers to the nearest whole dollar.) Allocated manufacturing O Question 6 overhead Preparation Cooking/draining X Question 7 Packaging The total amount of manufacturing overhead assigned to this order is $. Question 8 Requirement 2. How much MOH should be assigned to each bag? Determine the formula needed to calculate manufacturing overhead to be assigned to each bag, and then compute the manufacturing overhead per bag. (Round your answer to the nearest cent.) O Question 9 Manufacturing overhead per unit O Question 10 Requirement 3. What other costs will Upz need to consider to determine the total manufacturing costs of this order? O Question 11 In addition to the costs above, Upz needs to considerRequirements 1. Compute the cost allocation rate for each activity. 2. Compute the MOH cost that should be assigned to Job 420. 3. Compute the MOH cost that should be assigned to Job 510. Print DoneBridgenorth Inc. uses ABC to account for its chrome wheel manufacturing process. Company managers have identified four manufacturing activities that incur manufacturing overhead costs: Question list K materials handling, machine set-up, insertion of parts, and finishing. The budgeted activity costs for the upcoming year and their allocation bases are as follows: i (Click the icon to view the budgeted costs and activity bases.) Bridgenorth Inc. expects to produce 1,000 chrome wheels during the year. The wheels are expected to use 2,750 parts, require 15 set-ups, and consume 1,700 hours of finishing time. Job 420 used 325 parts, required 4 set-ups, and consumed 120 finishing hours. O Question 5 Job 510 used 475 parts, required 5 set-ups, and consumed 410 finishing hours. Requirements O Question 6 Requirement 1. Compute the cost allocation rate for each activity. O Question 7 First, identify the formula, and then compute the rate for each activity. Activity overhead rate O Question 8 Mat. handling = / part Machine setup setup O Question 9 Insertion = / part Finishing / hourRequirement 2. Compute the manufacturing overhead cost that should be assigned to Job 420. Activity MOH Cost O Question 6 Materials handling Machine setup O Question 7 Insertion of parts Finishing Total O Question 8 Requirement 3. Compute the manufacturing overhead cost that should be assigned to Job 510. MOH Cost O Question 9 Activity Materials handling Machine setup O Question 10 Insertion of parts Finishing O Question 11 Total