Data table Data table Elton Cornpany manufactures wheel rims. The controlier expects the following ABC allocotion rates for 2024: (Csck the icon to view the allocation rates.) Elton produces two Wheel rim modelst standard and deluxe. Expected data for 2024 are as follows: Click the icon to view the expected data) The cornpany expects to produce 500 units of each model during the year, Read the reguinmonts. Requirement 1. Compute the total estimated indirect manufacturing cost for 2024. Begin by selecting the formala to compule the total estimated overhead (OH) costs. Now compute the total estimated indirect manufacturing cost for 2024. Requirement 2. Prior to 2024, Elton used a single plantwide overhead allocation rate system with direct labor hours as the allocation base. Compute the predetermined overtiead allocation rate based on direct labor hours for 2024. Use this rate to determine the estimated indirect manulacturing 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. Use the single plantwide allocation rate to determine the indirect manufacturing cost per wheel rim for each model, to the nearest cont: Indirect manulacturing cost per tim: Standard model: Deluxe model: Requirement 3. Compute the estimated ABC indirect manufacturing cost per unit of each model for 2024, Carry each cost per unit to the nearest cent Compute the costs per unit for the standard model first, then the deluxe model. (Cany the selup cost per rim to thres decimal places. Round your final answers to the nearest cent.)