SAAT WWW information about the hazardous waste disposal fees.) wury year, JOD 354 is started and completed. Usage for this job foll (Click the icon to view the usage for Job 354.) Requirement 1. Calcul Begin by calculating the overhead; mfg. manu More info - Up to this point, hazardous waste disposal fees have been absorbed into the plantwide manufacturing overhead rate and allocated to all products as part of the manufacturing overhead process. Recently, the company has been experiencing significantly increased waste disposal fees for hazardous waste generated by certain products, and as a result, profit margins on all products have been negatively impacted. Company management wants to implement an activity-based costing system so that managers know the cost of each product, including its hazardous waste disposal costs. purs ompute the rate. (Abbreviations used: MOH manu Print Done overhead costs in the upcoming year and will use 10,000 machine hours. Click the icon to view the additional information about the hazardous waste disposal fees.) Du Data Table f. Job 354 is started and completed. Usage for this (Click the icon to view the usage for Job 354.) - X Data table Estimated Description of Cost Pool Estimated Cost Cost Driver Activity for this Year ations used: MOH Machine maintenance costs $ 200,000 Number of machine hours 10,000 Engineering change orders Hazardous waste disposal. $ 120,000 Number of change orders 4,000 $ 480,000 Pounds of hazardous materials generated 1,500 800,000 Total overhead cost.. Print Done overnead to its products. The company estimates that it will incur $800,000 in total manufacturing overhead costs in the upcoming year and will use 10,000 machine hours. Click the icon to view the additional information about the hazardous waste disposal fees.) (Click the icon to view the expected usage and costs.) During the year, Job 354 is started and completed. Usage for this job fe Click the icon to view the usage for Job 354.) Data Table rements - X Requirement 1. Calculate the co Begin by calculating the plantwid overhead; mfg. manufacturing) Data table 290 pounds of direct materials at $55 per pound 60 direct labor hours used at $45 per labor hour 130 machine hours used 6 change orders 50 pounds of hazardous waste generated achine hours te, then compute the rate. (Abbreviations used: MOH-ma d rate Print Done Click the icon to view the additional information about the hazardous waste disposal fees.) Requirements Requirement 1. Calcul Begin by calculating the overhead; mfg. 1. manu 2. 3. uunng the year, Job 354 is started and completed. Usage for this job for (Click the icon to view the usage for Job 354.) Read the requirements Calculate the cost of Job 354 using the traditional plantwide manufacturing overhead rate based on machine hours. Calculate the cost of Job 354 using activity-based costing If you were a manager, which cost estimate would provide you more useful information? How might you use this information? X burs ompute the rate. (Abbreviations used: MOH marm Print Done Skath Industries manufactures a variety of custom products. The company has traditionally used a plantwide manufacturing overhead rate based on machine hours to allocate manufacturing overhead to its products. The company estimates that it will incur $800,000 in total manufacturing overhead costs in the upcoming year and will use 10,000 machine hours Click the icon to view the additional information about the hazardous waste disposal fees.)) Expected usage and costs for manufacturing overhead activities for the upcoming year are as follows: (Click the icon to view the expected usage and costs) During the year, Job 354 is started and completed. Usage for this job follows: (Click the icon to view the usage for Job 354.). Read the frument Requirement 1. Calculate the cost of Job 354 using the traditional plantwide manufacturing overhead rate based on machine hours. Begin by calculating the plantwide overhead rate. First identify the formula used to compute the plantwide overhead rate, then compute the rate (Abbreviations used: MOH manufacturing overhead; mfg manufacturing) Plantwide mfg overhead rate