on 3 (30 points) The job-costing system at the Ale material movement machine mai Jobs. Alexander Fabricating the three maintenance, and other. The company is in the The following information is provided com Material movement costs Budested overhead Machine maintenance $ 490,000 5 770,000 Other S 680.000 Acthy Dee Material moves Machine hours Direct Labor hours Budo DO 1.000 0940,000 REQUIRED Show all Work 1. Compute the manufacturing overhead rate to be used to allocate overhead to each job under a simple costing system, where overhead is allocated based on direct labor hours. 2. Compute the manufacturing overhead rates to be used to allocate overhead to each job under an activity-based costing system using the appropriate cost drivers. 3. Job M13 used 2 material moves, 15 machine hours, and 25 labor hours. a. How much overhead would be allocated under the simple costing system? b. How much overhead would be allocated under the activity based costing system? 4. Explain why Alexander Fabricating might favor the ABC job-costing system over the simple job costing system