Costs Cost Driver Expected Activity Materials handling $210,000 Material moves 15,000 Maintenance $500,000 Machine hours 40,000 Inspection $20,000 Inspections 8,000 Currently the company applies overhead using a plantwide predetermined overhe rate based upon a budgeted direct labour hours of 73,000. The company has been asked to submit a bid on a proposed job. In order to submit this bid, the company needs to calculate the total cost of performing this job. Financial details for the proposed job are as follows: 65 Number of material moves Number of inspections 140 Number of machine hours 4,500 $67,000 Direct materials Direct labour Number of direct labour hours $57,000 12,700 Use the information provided to answer the following questions. PART A: Assume the company is exploring the use of activity based costing. If the company used activity-based costing, the total overhead cost that would be assigned to the job for material handling is $ 910 AJ If the company used activity-based costing, the total overhead cost that would be assigned to the job for maintenance is $ 56250 A/ If the company used activity-based costing, the total overhead cost that would be assigned to the job for inspections is $ 350 A/ If the company used activity-based costing, the total material costs plus the total direct labour costs assigned to the job would be $_ 124000 A/ 124000 A/ If the company used activity-based costing, the total cost of the job would be $ A/ PART B: Assume, instead, that the company continues to use the plantwide overhead application rate. If the company allocated overhead to the job using a plantwide overhead rate, the total overhead cost assigned to the job would be $ If the company allocated overhead to the job using a plantwide overhead rate, the total cost of the job would be $ A PART C: PART C: If the company decided to continue to use the plantwide overhead application rate, which of the following statements is true? Enter either A or B in the space provided. A. Use of the plantwide rate would cause the company to over-price the job. B. Use of the plantwide rate would cause the company to under-price the job. Part D: Read the following statement and indicate if the statement is TRUE (enter T) or FALSE (enter F). It would be appropriate to adopt an ABC policy if all the products being produced consumed resources in a similar manner. A