Answer Happy

West Horizon 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: Click the loon to view the data.) Requirement 1. Compute the cost allocation rate for each activity. Activity cost allocation rate Materials handling (per part) Machine setup (per setup) Insertion (per part) Finishing (per hour) Requirement 2. Compute the manufacturing overhead cost that should be assigned to Job 420 The manufacturing overhead cost that should be assigned to Job 420 is Requirement 3. Compute the manufacturing overhead cost that should be assigned to Job 510 The manufacturing overhead cost that should be assigned to Job 510 is West Horizon expects to produce 1,000 chrome wheels during the year The wheels are expected to use 2,600 parts, require 15 setups, and consume 1,600 hours of finishing time. (Click the icon for completed job data.) Read the requirements
Re More Info uirements. More info Job 420 used 100 parts, required 5 setups, and consumed 150 finishing hours. Job 510 used 450 parts, required 6 setups, and consumed 300 finishing hours. t) Print Done The r ad cost that should be assigned to Job 420 is data.) - Х
managers have ident ing overhead costs: inishing. The budget bases are as follows: the icon to view the d ent 1. Compute the c handling (per part) setup (per setup) (per part) (per hour) ment 2. Compute the r ufacturing overhead c ment 3. Compute the r Data table Activity Materials handling.... Machine setup. Insertion of parts Finishing. Total Total Budgeted Manufacturing Overhead Cost $ 13,000 5,700 33,800 56,000 $ 108,500 Print Allocation Base Number of parts Number of setups Number of parts Finishing direct labor hours Done 200 1,000 CIRCite whes during the year. s, require 15 setups, and - X