Sebago 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 $990,000 in total manufacturing overhead costs in the upcoming year and will use 15,000 machine hours. Expected usage and costs for ma (Click the icon to view the ex During the year, Job 355 is starte i Data Table x Description of Cost Pool Machine maintenance costs Engineering change orders Estimated Cost Cost Driver $ 150,000 Number of machine hours. $ 320,000 Number of change orders $ 520,000 Pounds of hazardous materials generated .. 990,000 Estimated Activity for this Year 15,000 4,000 Hazardous waste disposal 2,000 $ Total overhead cost. i Data Table e 290 pounds of direct materials at $60 per pound 40 direct labor hours used at $40 per labor hour 70 machine hours used 11 change orders 20 pounds of hazardous waste generated Print Done 1. 2. 3. Calculate the cost of Job 355 using the traditional plantwide manufacturing overhead rate based on machine hours. Calculate the cost of Job 355 using activity-based costing. If you were a manager, which cost estimate would provide you more useful information? How might you use this information