Data Table Activity Allocation Base Estimated Costs Estimated Activity 150 purchase orders 16,000 parts Purchasing Number of purchase orders Number of parts 8,400 Materials handling 6,720 Print Done Data Table Regular Super 13 purchase orders 900 parts 15 purchase orders 1,400 parts Number of purchase orders Number of parts Print Done Needam Company has analyzed its production process and identified two primary activities. These activities, their allocation bases, and estimated costs are listed below. EB (Click on the icon to view the estimated costs data.) The company manufactures two products: Regular and Super. The products use the following resources in March: (Click on the icon to view the actual data for March.) Read the requirements Requirement 1. Compute the predetermined overhead allocation rates using activity-based costing. Begin by selecting the formula to calculate the predetermined overhead (OH) allocation rate. Then enter the amounts to compute the allocation rate for each activity. (Round your answers to the nearest cent.) Predetermined OH - allocation rate Purchasing Material handling Requirements 2 and 3. Determine the amount of overhead allocated to Regular and Super in March. Begin by selecting the formula to allocate overhead costs. Allocated mfg. - overhead costs Needam Company has analyzed its production process and identified two primary activities. These activities, their allocation bases, and estimated costs are listed below (Click on the icon to view the estimated costs data.) The company manufactures two products: Regular and Super. The products use the following resources in March: (Click on the icon to view the actual data for March.) Read the requirements. Purchasing Material handling Requirements 2 and 3. Determine the amount of overhead allocated to Regular and Super in March. Begin by selecting the formula to allocate overhead costs. Allocated mfg. overhead costs Compute the amount of overhead allocated to Regular, then compute the amount of overhead allocated to Super. Regular Super Purchasing Materials Handling Allocated mfg. overhead costs