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Smith industries mandactures a variety of esslem products. The compary has vadionaly used Company mandgement wants to implement as acivity besed cosing system so that a plantwide mandachireg oremead rale based on machine hours to alocale manufacturing managers know the cost of each produet, induding is hatardous waste disposal corta crerhead to Rs products. The company estimales that a will intur $1,320.000 in total Expected usage and costs for manufactiring overheod activites tor the upcoming year manutacturing cvehead costs in the upcomingyear and wil use 11,000 machine houn. Up to ate as folow? this poirt, hatardous wasto disposal fees have been abeorbed into the plartwide manulacturing overhead tate and alocaled to all products as part of ene manufacturing overhead process. (Click the leen to view the expected usege and costs.) Reconty, tre company has been eoperiencing sienificarity increased wiste deposal fees for. Deing the yea, Job 352 is started and completed. Ueage for this job follows: hazardous waste generatod by certain products, and at a result proti margins on al products (f) (cilek the leon to vlew the usage for Job 352) have been negativel impacted. (Abbrerisiben used: Moit = manudecturing ererhead) Calculate the cost of Job 452 . Fequirement 2. Caiculate sat cont of Job 3S2 ung activititased costing. Requirement 2. Calculave the cost of Job 352 using activity-based costing Begin by caltulating the alocation rate foc each activity. First, debermine the formula to compule the allocation rate in an activity-based cosfing system, fhan compute the rate for each activity. (Abbreviation used: est. = estimated, MHemachine hours) Cavouate the cost of 300352 uning activibybased costing Requirement 3. If yey were a mansger, which coet estmate wovd provide you more valul information? How might you use inis rformaten? The cent ettrate based on the would provide more viekt infomabon because INs coit eutmate takes into acoocnt This indomaton cen be used to Data table More info