PLEASE ANSWER BOTH QUESTIONS SEPERATELY THANK YOU SO MUCH

QUESTION 1:

QUESTION 2:

Requirements 1. Compute the cost allocation rate for each activity. 2. Compute the manufacturing overhead cost that should be assigned to Job 420 . 3. Compute the manufacturing overhead cost that should be assigned to Job 510 . Data table Requirements 1. Compute the gross profit per wheel if managers rely on the ABC unit cost data. 2. Compute the gross profit per wheel if the managers rely on the plantwide allocation cost data. 3. Which product line is more profitable for the company? 4. Why might the controller have expected ABC to pass the cost-benefit test? Were there any warning signs that the company's old direct-labor-based allocation system was broken? East Horizon uses ABC to account for its chacene wheel manutacturing process. Company managers have identifid four manufacturing actovities that incur manulacturing overtesd costs: materisis handing, machine setup, insertion of parts, and finishing. The budgelod activity coss for the upcoening year and their allocation basper are as follows. (Click the icon to view the data) East Horizon expects to produce 1,000 chvorne whoels during the year. The wheets are expocted to ise 2,700 parts, require to setups, and consume 1,800 hours of firishing time (1) (Click the icon for completed job duta ) Dead the res incmente Requirement 1. Compute the cost alocation rate for each activity. First identify the formula, then compute the rate for each activily. More info Job 420 used 200 parts, required 2 setups, and consumed 110 finishing hours. Job 510 used 500 parts, required 3 setups, and consumed 350 finishing hours. (Click the yon ta wew the overhead cossa and budgelod dats ) Read the ceaviements Eesin by cornbuting the total manufacting ceat pee wheel for each wheel model. Data table decimal plac