Chapter 4 Homework Question 3, E4-27A (similar to) Part 1 of 4 Several years after reengineering its production process. Kane Corporation hired a new controller, Denise French. (Click the icon to view additional information.) For the upcoming year, Kane's budgeted ABC manufacturing overhead allocation rates are as follows: HW Score: 66.67%, 3.33 of 5 points Points: 0 of 1 Save The number of parts is now a feasible allocation base because Kane recently installed a plantwide computer system. Kane produces two wheel models: Standard and Deluxe. Budgeted data for the upcoming year are as follows: (Click the icon to view the additional data.) Activity Cost Allocation Base Allocation Rate Indirect Cost Materials handling Machine setups VC V Data table fte tr CO Parts per wheel 96 ng ar Setups per 1,000 wheels..... vit lin $9 S sol HW X po Standard Deluxe sis blar 6.0 8.0 dar 20.0 20.0 o vi 1.5 3.5 2.6 3.8 Finishing direct labor hours per wheel.... Total direct labor hours per wheel. The company's managers expect to produce 1,000 units of each Print Done Activity Allocation Base Activity Cost Allocation Rate Materials handling.... Number of parts $3.00 per part Machine setup........ Number of setups $350.00 per setup Insertion of parts .... Number of parts $24.00 per part Finishing.. Finishing direct labor hours $56.00 per hour 1-70 Ger more n - Print Done Clear al More info She developed an ABC system very similar to the one used by Kane's chief rival. Part of the reason French developed the ABC system was because Kane's profits had been declining even though the company had shifted its product mix toward the product that had appeared most profitable under the old system. Before adopting the new ABC system, the company had used a plantwide overhead rate based on direct labor hours that was developed years ago. - X Print Done (similar to) Part 1 of 4 Several years after reengineering its production process, Kane Corporation Activity Materials handling Machine setups Insertion of parts points 3.33 of 5 Points: 0 of 1 The number of parts is now a feasible allocation base bec Total Budgeted Indirect Manufacturing Costs Budgeted Quantity of Cost Allocation Base Activity Cost Total Budgeted Allocation Rate Indirect Cost Help me solve this Video Get more help - Clear all Check Several years after reengineering its production process, Kane Corporation Materials handling Machine setups Insertion of parts Finishing Total budgeted indirect cost The number of parts is now Help me solve this Video Get more help - Clea