3. Compute the manufacturing overhead cost that should be assigned to Job 50. +. E4-21A Apply activity cost allocation rates (Learning Objective 2) Holiday Industries manufactures a variety of custom products. The company has traditiona lly 9 hours to allocate manu- facturing overhead to its products. The company manufacturing overhead costs in the upcoming year and will use 10,000 machine hours. estimates that it will incur $970,000 in total absorbed into the plant- any has been experiencing significantly to implement an activity-based costing system so that managers know part of the manu- facturing overhead process. Recently, the comp increased waste-disposal fees for hazardous waste generated by certain product a result, profit margins on all products have been negatively impacted. Company man- s, and as agement wants the cost of each product, including its hazardous waste disposal costs