The job-costing bystem 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 15 intricate personalized frames, and Job 325 , an order of six standard personalzed frames. The controler wants you to compare overhead alocated under the curtent simple job-costing system and a newly designed activity-based job-costing system. Total budgeted costs in each indirect-cost pool and the budgeted puantety of each activity ditver are as follows. (Click the icon to view the cost and driver data.) (Cick the icon to view the job data.) Read the requirements: Requirement 1. Compute the lotal overhead alocated to each job under a simple costing systom, where overhead is allocatnd based on machine-hours. Begin by calculating the overtoead rate under the simple costing system. First velect the tormula, then enter the applicable amounts and calculate the rate. (Round your answer to the noarost cont. Aboreviations usod: bgt: = budgeted, mach = machine, mat. = matecial, purch = punchase, afy, = quantly. job under a simple costing system. (Round your answer to the cated to each job under an activity-based costing system using th (Round the allocation ch. = machine, maint. = maintenance, mat. = material, purch. =pu = produced.) The job-costing bystem 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 15 intricate personalized frames, and Job 325 , an order of six standard personalzed frames. The controler wants you to compare overhead alocated under the curtent simple job-costing system and a newly designed activity-based job-costing system. Total budgeted costs in each indirect-cost pool and the budgeted puantety of each activity ditver are as follows. (Click the icon to view the cost and driver data.) (Cick the icon to view the job data.) Read the requirements: Requirement 1. Compute the lotal overhead alocated to each job under a simple costing systom, where overhead is allocatnd based on machine-hours. Begin by calculating the overtoead rate under the simple costing system. First velect the tormula, then enter the applicable amounts and calculate the rate. (Round your answer to the noarost cont. Aboreviations usod: bgt: = budgeted, mach = machine, mat. = matecial, purch = punchase, afy, = quantly. job under a simple costing system. (Round your answer to the cated to each job under an activity-based costing system using th (Round the allocation ch. = machine, maint. = maintenance, mat. = material, purch. =pu = produced.)