Wedge Industries, a small , family-run manufacturer, has adopted an ABC system. The following manufacturing activities, indirect manufacturing costs, and usage of cost drivers have been estimated for the year: Click the icon to view activities, total costs, and cost drivers.) (Click the icon for additional information) Read the requirements 1. Compute the activity cost allocation rates for the year. (Round your answers to the nearest whole dollar.) Activity cost allocation rate Machine setups (per setup) Machining (per machine hour) Quality control (per QC test) 2. Complete the following job cost record for Job 484 Manufacturing Job Cost Record JOB 484 Costs C Direct material Direct labor.. Manufacturing overhead. Total job cost Enter any number in the edit fields and then continue to the next question. a small, family-run manufacturer, has adopted an ABC system. The following ma manufacturing costs, and usage of cost drivers have been estimated for the year: n to view activities, total costs, and cost drivers.) en for additional information.) ements i Data Table act ups Estimated Total Manufacturing Estimated Total Usage Overhead Costs of Cost Driver per m mtrol (P $ ----- Activity Machine setup Machining Quality control e the fol 155,000 3,100 setups 940,500 4,950 machine hours 365,500 4,300 tests run Record aterial Print Done abor... acturing overhead. ob cost. any number in the edit fields and then continue to the next question. Mac anufacturing costs, and usage of cost drivers have been estimated for the yea to view activities, total costs, and cost drivers.) for additional information.) ments. i More Info - During May, Jim and Driscilla Wedge machined and assembled Job 484. Jim worked a total of 9 hours on the job, while Driscilla worked 7 hours on the job. Jim is paid a $25 per hour wage rate, while Driscilla is paid $30 per hour because of her additional experience level. Direct materials requisitioned for Job 484 totaled $1,350. The following additional information was collected on Job 484: The job required 2 machine setups, 4 machine hours, and 2 quality control tests. te Print Done turing overhead. cost my number in the edit fields and then continue to the next question. Mac