Use the blue shaded areas on the ENTERANSWERS tab for inputs. Always use cell references and formulas where appropriate to receive full credit. Requirements 1 Compute the total budgeted manufacturing overhead cost for the upcoming year. 2 Compute the manufacturing overhead cost per wheel of each model using ABC. Saving \& Submitting Solution 1 Save file to desktop. a.Createfolderondesktop,andlabelCOMPLETEDEXCELPROJECTS 2 Upload and submit your file to be graded. a. Navigate back to the activity window - screen where you downloaded the initial spreadsheet b. Click Choose button under step 3; locate the file you just saved and dick Open c. Click Upload button under step 3 d. Click Submit button under step 4 Viewing Results 1 Click on Results tab in MyAccountingLab 2 Click on the Assignment you were working on 3 Click on Project link; this will bring up your Score Summary 4 Within Score Summary window, dick on Download (upper right) to download the spreadsheet with feedback Project Description: BT6e E4-27A Steps to Perform: 1. Compute the total budgeted manufacturing overhead cost for the upcoming year. (Always use cell references and formulas where appropriate to receive full credit.) \begin{tabular}{|l|l|} \hline \multicolumn{1}{|c|}{ Activity } & Total Budgeted Indirect Cost \\ \hline Materials handling & \\ \hline Machine setups & \\ \hline Insertion of parts & \\ \hline Finishing & \\ \hline Total budgeted indirect costs & \\ \cline { 2 } & \end{tabular} 2. Compute the manufacturing overhead cost per wheel of each model using ABC. (Always use cell references and formulas where appropriate to receive full credit.) 3. Compute the company's traditional plantwide overhead rate. (Always use cell references and formulas where appropriate to receive full credit.) Plant overhead rate per direct labor hour Use this rate to determine the manufacturing overhead cost per wheel under the traditional system. Manufacturing overhead cost per wheel Standard Deluxe