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Frederick Company uses ABC to account for its chrome wheel manufacturing process. Company managers have identified four manufacturing activities that incur manufacturing overhead costs: materials handling, machine setup, insertion of parts, and finishing. The budgeted activity costs for the upcoming year and their allocation bases are as follows Ell (Click the icon to view the budgeted costs and activity bases.) Frederick Company expects to produce 1,000 chrome wheels during the year. The wheels are expected to use 2,750 parts, require 15 setups, and consume 1,700 hours of finishing time Job 420 used 150 parts, required 3 setups, and consumed 120 finishing hours Job 510 used 425 parts, required 4 setups, and consumed 310 finishing hours Read the requirements. Mat. handling S Mach setup Insertion Finishing Requirement 2. Compute the manufacturing overhead cost that should be assigned to Job 420 11,000 3,600 44,000 76,500 2,750 15 2,750 1,700 $ 4 per part 240 per setup 16 per pat -S 45 per hour Activity MOH Cost Requirements Materials handling Machine setup Insertion of parts Finishing Total 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 Enter any number in the edit fields and then click Check Answer 1 Data Table Total Budgeted Manufacturing Overhead Cost Activity Materials handling Machine setup. Insertion of parts. Allocation Base $ 11,000 Number of parts 3,600 44,000 76,500 $ 135,100 Number of setups Number of parts Finishing direct labor hours Print Done

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