The job costing system at Sharon's Custom Framing has five indirect cost pools (purchasing, material handling, machine maintenance, product inspection, and packaging). The company is in the process of bidding on two jobs, Job 215, an order of 14 intricate personalized frames, and Job 325, an order of 4 standard personalized frames. The controller wants you to compare overhead allocated under the current simple job-costing system and a newly designed activity-based job-costing system. Total budgeted costs in each indirect cost pool and the budgeted quantity of activity driver are as follows GA Purchasing Material handling Machine maintenance Product inspection Packaging Total Budgeted Overhead Activity Driver 34.000 Purchased orders processed 27,600 Material moves 120,000 Machine-hours 4,800 Inspections 23,800 Units produced 210,200 Budgeted Quantity of Activity Driver 2,000 4,600 10,000 1,200 3,400 Information related to Job 215 and Job 325 follows. Job 215 incurs more batch-level costs because it uses more types of materials that need to be purchased, moved, and inspected relative to Job 325. Job 215 20 12 30 Job 325 12 2. Number of purchase orders Number of material moves Machine-hours Number of inspections Units produced 70 9 5 14 4 1. Compute the total overhead allocated to each job under a simple costing system, where overhead is allocated based on machine-hours. 2. Compute the total overhead allocated to each job under an activity-based costing system using the appropriate activity drivers. 3. Explain why Sharon's Custom Framing might favor the ABC job-costing system over the simple job-costing system, especially in its bidding process