Requirement 1. compute the total budgeted manufacturing overhead cost for the upcoming year. (enter the rates to two decimal places.) zippy corporation total budgeted indirect manufacturing costs budgeted quantity of activity cost total budgeted activity cost allocation base allocation rate indirect cost materials handling 18,000 $4.00 $72,000 machine setups 40 375.00 15,000 insertion of parts 18,000 28.00 504,000 finishing 5,500 54.00 297,000 total budgeted indirect cost $888,000 requirement 2. compute the manufacturing overhead cost per wheel of each model using abc. (round the cost allocation base to three decimals and cost per wheel to the nearest cent.) zippy corporation abc indirect manufacturing cost per unit cost quantity of cost allocation allocated activity activity allocation rate base used by: cost per wheel standard deluxe standard deluxe materials handling $4.00 8 10 $32.00 $40.00 machine setup 375.00 .5 .5 187.5 187.5 insertion of parts 28.00 8 10 224.00 280.00 finishing 54.00 2.0 3.5 108.00 189.00 total abc allocated indirect cost 1114 1259