es a variety of custom products. The company has traditionally used a thead rate based on machine hours to allocate manufacturing overhead to timates that it will incur $1,300,000 in total manufacturing overhead costs use 13,000 machine hours. additional information about the hazardous waste disposal fees.) Expected usage and costs for manufacturing overhead activities for the upcom as follows: (Click the icon to view the expected usage and costs.) During the year, Job 351 is started and completed. Usage for this job follows: (Click the icon to view the usage for Job 351.) cost of Job 351 using the traditional plantwide manufacturing overhead rate based on machine hours. wide overhead rate. First identify the formula used to compute the plantwide overhead rate, then compute the rate, (Abbreviations used: MOH = manufactunng ove = Plantwide mfg. overhead rate Requirements 1. Calculate the cost of Job 351 using the traditional plantwide manufacturing overhead rate based on machine hours. 2. Calculate the cost of Job 351 using activity-based costing. 3. If you were a manager, which cost estimate would provide you more useful information? How might you use this information? es a variety of custom products. The company has traditionally used a thead rate based on machine hours to allocate manufacturing overhead to timates that it will incur $1,300,000 in total manufacturing overhead costs use 13,000 machine hours. additional information about the hazardous waste disposal fees.) Expected usage and costs for manufacturing overhead activities for the upcom as follows: (Click the icon to view the expected usage and costs.) During the year, Job 351 is started and completed. Usage for this job follows: (Click the icon to view the usage for Job 351.) cost of Job 351 using the traditional plantwide manufacturing overhead rate based on machine hours. wide overhead rate. First identify the formula used to compute the plantwide overhead rate, then compute the rate, (Abbreviations used: MOH = manufactunng ove = Plantwide mfg. overhead rate Requirements 1. Calculate the cost of Job 351 using the traditional plantwide manufacturing overhead rate based on machine hours. 2. Calculate the cost of Job 351 using activity-based costing. 3. If you were a manager, which cost estimate would provide you more useful information? How might you use this information