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Data table More info Information related to Job 215 and Job 325 follows. Job 215 incurs more batch-level costs because it uses more types of

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Data table More info 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 . Requirements 1. Compute the total overhead allocated to each job under a simple costing system, where overhead is allocated based on machine-hours. 2. Compute the total overhead allocated to each job under an activity-based costing system using the appropriate activity drivers. 3. Explain why Shirley's Custom Framing might favor the ABC job-costing system over the simple job-costing system, especially in its bidding process. Requirement 1. Compute the total overhead allocated to each job under a simple costing system, where overhead is allocated based on mach Begin by calculating the overhead rate under the simple costing system. First select the formula, then enter the applicable amounts and calculat Abbreviations used: bgt. = budgeted, mach. = machine, mat. = material, purch. = purchase, qty. = quantity.) Data table More info 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 . Requirements 1. Compute the total overhead allocated to each job under a simple costing system, where overhead is allocated based on machine-hours. 2. Compute the total overhead allocated to each job under an activity-based costing system using the appropriate activity drivers. 3. Explain why Shirley's Custom Framing might favor the ABC job-costing system over the simple job-costing system, especially in its bidding process. Requirement 1. Compute the total overhead allocated to each job under a simple costing system, where overhead is allocated based on mach Begin by calculating the overhead rate under the simple costing system. First select the formula, then enter the applicable amounts and calculat Abbreviations used: bgt. = budgeted, mach. = machine, mat. = material, purch. = purchase, qty. = quantity.)

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