Activity

Indirect Manufacturing Cost

$\backslash$table$[[$Materials handling,$$,25,500],[$Machine setup,$7,800,],[$Insertion of parts,$212,500,],[$Finishing$,402,500,],[,,648,300]]$

Requirement $2.$ Prior to $2024,$ Edgar used a single plantwide overhead allocation rate system with direct labor hours as the allocation base. Compute the predetermine based on direct labor hours for $2024.$ Use this rate to determine the estimated indirect manufacturing cost per wheel rim for each model, to the nearest cent.

First, select the formula, and then enter the amounts to compute the allocation rate.

$\backslash$table$[[$ Actual overhead costs,$=0$ Allocation rate$],[646300,=$