3. Assume that AlArabi's controller is right about machine-hours being a more accurate overhead cost allocation base than direct labor-hours. If the company continues to use direct labor-hours as its only overhead cost allocation base what implications does this have for pricing jobs such as Job 373? Discuss? Activity 1: AlArabi Corporation uses a job-order costing system. At the beginning of the year, the company made the following estimates: Direct labor-hours required to support estimated production 120,000 Machine-hours required to support estimated production 60,000 Fixed manufacturing overhead cost $740,000 Variable manufacturing overhead cost per direct labor-hour $2.00 Variable manufacturing overhead cost per machine-hour $4.00 During the year, Job 373 was started and completed. The following information is available with respect to this job: Direct labor cost $205 Direct materials Direct labor-hours Machine-hours Required