Question: 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

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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