Please complete requirement 2 and fill out the table for job 420

More info Job 420 used 200 parts, required 3 setups, and consumed 140 finishing hours. Job 510 used 475 parts, required 6 setups, and consumed 350 finishing hours. 6 Print Done Frances Company uses ABC to account for its chrome wheel manufacturing process. Company managers have identified four manufacturing activities that incur manufacturing overhead costs: materials handling, machine setup, insertion of parts, and finishing. The budgeted activity costs for the upcoming year and their allocation bases are as follows: (Click the Icon to view the data.) Frances Company expects to produce 1,000 chrome wheels during the year. The wheels are expected to use 2,800 parts, require 20 setups, and consume 2,200 hours of finishing time. (Click the icon for completed job data) Read the requirements - X Data table Requirement 1. Compute the cost allocation rate for each activity. First identify the formula, then compute the rate for each activi Total activity overhead (est.) 5.600 Total activity allocation base 2,800 Total Budgeted Manufacturing Activity Overhead Cost Allocation Base Materials handling .... $ $ 5.600 Number of parts Machine setup... 6,400 Number of setups Insertion of parts 39,200 Number of parts Finishing ....... 96,800 Finishing direct labor hours $ 148,000 Total Mat, handling $ Activity cost allocation rate - S 2 per part = S 320 S per setup = S S 14 per part = S 44 per hour Mach setup $ 6,400 20 = Insertion $ 39,200 2,600 Finishing $ 98,800 2.200 Requirement 2. Compute the manufacturing overhead cost that should be assigned to Job 420. Activity MOH Cost Materials handling Machine setup Insertion of parts Finishing Print Done Total