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Socrenbino industies manuladures a vanety of custora widgots. The company has tradtowily used a piantwide manutackring ovetbead tale basiod en mixchine hours to alockle manutacturity overhead to from: is produats (Cick Fre icon is vew the expecled unage and cort.) (Clok Eth icon lo vew abdional infomation) Duting the year, Job 356 is starled and completed uslepe data for thes pobare in thibown (Cick rie icon to vow the unage bo 3063 36) Mat a manducturna evertiedil Kequirement 2 . Cakuate the cost of son 356 uruing activity besed costing (nsed est a ostmated, Mth machinit nours? Requirement 3. If you were it manager, which cont estimate wouls provide you moie useful informabong Hou might you use this inlomsion? The cost estmate tased on the scid pronde more ineful intormation becaule tris cost estmate takes into sccount This informabin ces be used wis More info The company estimates that it will incur $990,000 in total manufacturing overhead costs in the upcoming year and will use 15,000 machine hours. Up to this point, hazardous waste-disposal fees have been absorbed into the plantwide manufacturing overhead rate and allocated to all products as part of the manufacturing overhead process. Recently, the company has been experiencing significantly increased waste-disposal fees for hazardous waste generated by certain products, and, as a result, profit margins on all products have been negatively impacted. Company management wants to implement an activity-based costing system so that managers know the cost of each product, including its hazardous waste-disposal costs. Data table More info