Problem #2: Activity Based Costing Alco Corporation produces three products, Product A, Product B, and Product C. The company has been using the same job order costing system for the past 10 years. They system applies indirect manufacturing costs based on the number of machine hours. The president of the company, Mr. Alco, has recently met with a business advisor who introduced him to the concept of activity based costing and has suggested that he assess his product costing system. You have been hired to complete this task. The information needed to complete this task is included below