01u, 8.05 0748 pts E4-21A (similar to Scannell Industries manufactures a variety of custom products. The company Expected usage and costs for manufacturing that it will ncur $1.,380,000in tiotal manufacturing overthead costs in the upcoming Durg the ear, Job 351 s started and completed Usage for the job toliown has traditionally used a plantwide manufacturing overhead rate based on hours to al machine he company estimates year are as follows Click the con to view the expected usage and costs cate mani acturin overhead toits rod year and will use 12,000 machine hours. Click the icon to view the additional information about the hazardous waste(Click the icon to view the usage for Job 351) disposal fees) Read the requirements. Calculate the cost of Job 351 Manufacturing Job Cost Record JOB 351 Direct materials Direct labor Costs 8,250 700 Enter any number in the edit fields and then click Check Answer. 5 Data Table Estimated Activity Description of Cost Pool Machine maintenance costs Engineering change orders Hazardous waste disposal Total overhead cost Estimated Cost Cost Driver for this Year 480,000 Number of machine hours 100,000 Number of change orders 800,000 Pounds of hazardous materials generated 12,000 2,000 2,500 1,380,000 PrintDone Clear All e manufacturi overhead to its tal manufactur e hours. dditional inform UNLaNEected usace and costs for manufacturing overt X cted usage and and completed e for Job 351) Data Table 330 pounds of direct materials at $25 per pound 20 direct labor hours used at $35 per labor hour 120 machine hours used 9 change orders 40 pounds of hazardous waste generated Print Done t fields and ther Ch Clear All ar to) ctures a variety of custom products. The company twide manufacturi uring overhead to it in total manufactur achine hours the additional inform Expected usage and costs for manufacturing overhead -Xcted usage and cos and completed. Usa Data Table e for Job 351.) 330 pounds of direct materials at $25 per pound 20 direct labor hours used at $35 per labor hour 120 machine hours used 9 change orders 40 pounds of haz ardous waste generated 351. Print Done he edit fields and ther Check Clear All hours to allocate manufacturing overhead to its products. The company estimates that it will incur $1,380,000 in total manufacturing overhead costs in the upcoming year and will use 12,000 machine hours. During the year, Job 351 is started and complete Click the icon to view the additional information about the hazardous wasteE (Click the icon to view the usage for Job 351 disposal fees.) Read the requirements. Begin by calculating the allocation rate for each activity. First determine the formula to compute the allocation rate in an activity-based the rate for each activity. (Abbreviations used: est. estimated, MH-machine hours, Mach Machine, Eng Engineering) Activity cost allocation rate Total est, activity cost poolTotal est activity allocation base Mach. maintenance per MH Enter any number in the edit fields and then click Check Answer les parts remaining Clear All ls E:: (Click the icon to view the usage for lo 1 Requirements 1. Calculate the cost of Job 351 using the traditional plantwide manufacturing overhead rate based on machine hours. 2. Calculate the cost of Job 351 using activity-based costing 3. If you were a manager, which cost estimate would provide you more useful information? How might you use this information? Print Done per MH Clear All