Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Machine setups
Estimated annual overhead cost= $198,800
Number of setups 2,800
Machining
Estimated annual overhead cost= $337,400
Machine hours 24,100
Inspections.
The estimated annual overhead cost= $81,000
Number of inspections 1,500.
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Machine Setup:
Estimated manufacturing overhead rate= 198,800/2,800= $71 per setup
Machining:
Estimated manufacturing overhead rate= 337,400/24,100= $14 per machine hour
Inspections:
Estimated manufacturing overhead rate= 81,000/1,500= $54 per inspection.
