Question

HUMEWORR! Chapter 24 Homework Save Score: 1.5 of 18 pts 1 of 2 (1 complete) HW Score: 4.17%, 1.5 of 36 pts E24-17 (similar to) Question Help Empire Company manufactures wheel rims. The controller expects the following ABC allocation rates for 2018: (Click the loon to view the allocation rates.) Empire produces two wheelnim models: standard and deluxe. Expected data for 2018 are as follows: (Click the icon to view the expected data) The company expects to produce 500 units of each model during the year. Read the requiremen © Data Table Requirement 1. Compute the total estimated indirect manufacturing cost for 2018 Begin by selecting the formula to compute the total estimated overhead (OH) costs Total estimated overhead costs Activity Material handing Machine setup Insertion of parts Finishing Allocation Base Number of parts Number of setups Number of parts Number of fishing hours Predetermined Overhead Allocation Rate $ 7.00 per part 200.00 per setup 25.00 per part 30.00 per hour Predetermined overhead allocation rate * Total estimated qty of the allocation base Now compute the total estimated Indirect manufacturing cost for 2018 Total Estimated Activity Indirect Manufacturing Cost Materials handing Machine setup Insertion of parts Data Table Standard Deluxe Finishing Total estimated indirect manufacturing cost Parts per im Setups per 500 rims Finishing hours perrim Total direct labor hours per im 5. 0 16.0 6.0 7.0 00 16.0 6.5 2.0 Enter any number in the edit fields and then click Check Answer A 4 Clear All parts remaining

Answer 1

activity	working for standard	working for deluxe		total estimated indirect manufacturing cost
material handling	$7.00 per part *5 parts * 500=>17,500	$7.00*9 parts*500 units=>31,500	17,500+31,500	49,000
machine setup	$200 * 16 setups=>$3,200	$200*16=>$3,200	3,200+3,200	6,400
insertion of parts	$25 per part*5 parts *500 units =>$62,500	$25*9 parts*500=>$112,500	62,500+112,500	$175,000
finishing	$30 per hour * 6 hours *500 units=>$90,000	$30 per hour* 6.5 hours * 500 units=>$97,500	90,000+97,500	$187,500
		Total estimated indirect manufacturing cost		$417,900