Xs) T15-2 (book/static) Question Help Amherst Metal Works produces two types of metal lamps. Amherst manufactures 20,000 basic lamps and 5,000 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. Amherst alocates setup 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: EE (Click the icon to view the information.) Calculate the total budgeted costs of the basic and designer lamps using Amherst'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 applicable amounts and calculate the rate Begin with the overhead rate for set up costs. (Abbreviations used: MOH = Manufacturing Overhead ) Budgeted setup costsBudgeted setup hours Budgeted setup rate $ 300 per setup labor-hour Now calculate the overhead rate for general manufacturing overhead. (Abbreviations used: MOH Manufacturing Overhead. Round your answer to six decimal places, SXXXxXXxx) 114.000 380 Budgeted manufacturing labor hours 13,000 Budgeted MOH costs Budgeted MOH rate = 120,000 $ 9.230769 per manufacturing labor-hour = Now calculate the budgeted direct costs of basic and designer lamps if Amherst allocates overhead costs in each department using activity-based costing. Then complete the indirect allocation of costs for the basic and designer lamps. (Use the general manufacturing overhead rate rounded to six decimal places, $X.XXXXXX in any calculations. Round the total amounts to the nearest whole dollar and round all per unit amounts to two decimal places.) Basic lamps Designer lamps Total Total Per unit Per unit Total $ 180,000 $ 75,000 S Direct materials Direct manufacturing labor Total direct costs 9.00 $ 10.00 19.00 15.00 12.00 27.00 200,000 60,000 380,000 135,000 Data Table Basic Lamps Designer Lamps Total Direct materials per lamp Direct manufacturing labor-hours per lamp Direct manufacturing labor rate per hour Setup costs Lamps produced per batch Setup-hours per batch General manufacturing overhead costs 15 0.6 hours 20 .5 hours 20 $ 114,000 250 50 our 3 hours $ 120,000 Print Done