the "D" product from the Plant's product line. In the weekly meeting with the senior management team, the vice president of manufacturing stated that: "For years, I have been telling you that your traditional simple job-order cost system is broken, I never trusted them." order costing to account for its manufacturing costs. Its job-costing system has two direct-cost categories (direct materials and direct manufacturing labor) and one manufacturing overhead cost pool. The Plant's simple job costing system allocates the manufacturing overhead costs to these products using budgeted direct labor cost as an allocation base. The Plant's 2021 budgeted manufacturing costs included the following amounts: - Total budgeted direct material costs of $720,000 - Total budgeted direct manufacturing labor costs of $672,000 - Total budgeted manufacturing overhead costs of $1,680,000 Table 1 presents the Plant's 2021 budgeted manufacturing costs, by product and in total. activity-based costing (ABC). budgeted manufacturing overhead costs for 2021 . Table 2: Budgeted Manufacturing Overhead Working together over the next two days, they compiled and organized the information in Table 3 regarding the activity cost drivers and activity usage by each product: Isages by Product They decided to assign manufacturing overhead to products based upon the activities that cause those overhead costs. Allocation of overhead costs under simple job-order costing Answer the following: a. Compute Budgeted Mfg. Overhead Rate = They decided to assign manufacturing overhead to products based upon the activities that cause those overhead costs. Required (1): Using the information in table 1, provide the missing information by allocating the manufacturing overhead to the four products using the simple job-order costing system. (5.5 marks) Allocation of overhead costs under simple job-order costing Answer the following: a. Compute Budgeted Mifg. Overhead Rate = b. Allocation of Mfg Overhead to products: Product A= Product B= Product C= Product D= c. Compute Total Manufacturing Cost of products= d. Compute Cost per unit for each product = Required (2): Using the information in the tables 2 and 3 , allocate the manufacturing overhead costs to the four products using Activity-Based Costing (ABC). (14.5 marks) Answer the following: Allocation of overhead costs under Activity.Based Costing. (ABC) b. Compute Total Manufactuning overhead of products= c. Compute Total Manufacturing Cast of products= d. Compute Cost per unit for each product= e. Which product is more costly? f. Recommend which activity cost drivers should be reduced to reduce the overhead costs