Using a job order costing system, Princeton Computer Company estimated the total cost of two jobs as follows (Click the icon to view the ABC information.) (Click the icon to view the estimates under job (Click the icon to view the records for two costing ) clients.) Princeton Computer Company is now considering using Read the requirements. an ABC system. Infomation about ABC costs and records for the same two jobs for 2024 follow: Requirement 1. Compute the total cost for each job using activity-based costing (ABC). The cost of direct labor is $22 per hour. Activitu-hased mostinn. Reference Standard costing (single plantwide rate): " Direct labor calculated as follows: "Manufacturing overhead calculated as follows: Data table Data table Requirements 1. Compute the total cost for each job using activity-based costing. The cost of direct labor is $22 per hour. 2. Is the job cost greater or less than that computed under standard costing for each job? Why? 3. If Princeton Computer Company wants to earn an operating income equal to 20% of the total cost, what sales price should it charge each of these two customers