West Horizon uses ABC to account for its chrome wheel manufacturing process Company managers have identified four manufacturing adivities that incur manufacturing overhead costs materials handing machine setup, insertion of parts, and finishing The budgeted activity costs for the upcoming year and their allocation bases are as follows (Click the icon to view the data) Data table More info - X West Horizon expects to produce 1,000 chrome wheels during the year The wheels are expected to use 2.900 parts, require 15 setups, and consume 1.000 hours of finishing time (Click the icon for completed job data) - X Job 420 used 300 parts required 5 setups, and consumed 140 finishing hours Job 510 used 500 parts, required 6 setups and consumed 350 finishing hous Activity Materials handling... Machine setup s Insertion of parts. Finishing Total Total Budgeted Manufacturing Overhead Cost Allocation Base 8,700 Number of parts 4650 Number of setups 49.300 Number of pants 75,600 Fishing direct labor hours 138.250 Requirements 1.Compute the cost allocation rate for each activity 2. Compute the manufacturing overhead cost that should be assigned to Job 420 3.Compute the manufacturing overhead cost that should be assigned to Job 510, Print Done Print Done - X Check answer