Vanderbilt Metal Works produces two types of metal lamps. Vanderbilt manufactures $19,500$ basic lamps and $6,450$ designer lamps. Its activity$-$based costing system uses two indirect$-$cost pools. One cost pool is for set up costs and the other for general manufacturing overhead. Vanderbilt allocates set up costs to the two lamps based on setup labor$-$hours and general manufacturing overhead costs on the basis of direct manufacturing labor$-$hours. It provides the following budgeted cost information:

$($Click the icon to view the information.$)$

Calculate the total budgeted costs of the basic and designer lamps using Vanderbilt's activity$-$based costing system.

Begin by calculating the overhead rates for each of the two indirect$-$cost pools; set up costs and general manufacturing overhead. First select the formula, then enter the app amounts and calculate the rate. Begin with the overhead rate for set up costs. $($Abbreviations used: MOH $=$ Manufacturing Overhead.$)$

$\backslash$table$[[,$Budgeted setup costs,$,$Budgeted setup hours,Budgeted setup rate$],[$$$,152,400,,508,=$$${300}^{TT}$ per setup iabor$-$hour$]]$

Now calculate the overhead rate for general manufacturing overhead. $($Abbreviations used: MOH$=$ Manufacturing Overhead. Round your answer to six decimal places, $$x.)$

Data table

$\backslash$table$[[,$Basic Lamps,Designer Lamps,Total$],[$Direct materials per lamp,$15,16,],[$Direct manufacturing labor$-$hours per lamp,$0\mathrm{.}4$ hours,$0\mathrm{.}5$ hours,$],[$Direct manufacturing labor rate per hour,$30,30,],[$Setup costs,,,$$,152,400$