2. The job costing system at Sheri's Custom Framing has five indirect cost pools (purchasing, material handling, machine maintenance, product inspection, and packaging). The company is in the process of bidding on two jobs: Job 215, an order of 15 intricate personalized frames, and Job 325, an order of 6 standard personalized frames. The controller wants you to compare overhead allocated under the current simple job-costing system and a newly designed activity based job-costing system. Total budgeted costs in each indirect cost pool and the budgeted quantity of activity driver are as follows Budgeted Overhead Actvity Driv Budgeted Quantity of Activity Driver Purchasing S35,000 Purchase orders 2,000 Material handling Machine maintenance Product inspection Packaging 5,000 10,500 1,200 3,800 43,750 Material moves 118,650 Machine-hours 9,450 Inspections 19,950 Units produced S226,800 Information related to Job 215 and Job 325 follows. Job 215 incurs more batch-level costs because it uses more types of materials that need to be purchased, moved, and inspected relative to Job 325 Job 215 Job 325 25 8 Number of purchase orders Number of material moves Machine-hours Number of inspections Units produced 10 40 60 15 a. Compute total overhead allocated to each job under a simple costing system, where overhead is allocated based on machine-hours b. Compute total overhead allocated to each job under an activity-based costing system using the appropriate activity