Zester, Inc. uses activity-based costing to account for its carbon fiber wheels manufacturing process. Company managers have identified four manufacturing activities: materials handling, machine setup, insertion of parts, and finishing. The budgeted activity costs for 2021 and their allocation bases are as follows: Zester, Inc. expects a total of 550 wheel sets during the year. The wheel sets are expected to use 3,890 parts, require 12 setups and consume 960 hours of finishing time. (Round your answers to two decimal places when needed and use rounded answers for all future calculations). 1. Compute the predetermined overhead allocation rate for each activity. 2. Compute the expected indirect manufacturing cost of each wheel set