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1. What are the key reasons for product cost differences between simple costing systems and ABC systems? Answer the following questions using the information below:
1. What are the key reasons for product cost differences between simple costing systems and ABC systems? Answer the following questions using the information below: *Alnajdawi Company has two departments, X and Y. Overhead is applied based on direct labor cost in Department X and machine-hours in Department Y. The following additional information is available: Budgeted Amounts Direct labor cost Factory overhead Machine-hours Department X $180,000 $225,000 52,000 Department y $165,000 $180,000 42,000 Actual data for (Job 10). Department X Direct materials requisitioned $10,000 Direct labor cost $11,000 Machine-hours 5,000 Department y $16,000 $14,000 3,000 2- Compute the budgeted factory overhead rate for Department X. 3. Compute the budgeted factory overhead rate for Department Y. 4- What is the total overhead cost of Job 10
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