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Using job order costing som Peaton Computer Company estimated the total cost of two as follows Click the icon to view the estimates under jebating Peaton Computer Company is now coming using an ABC system information about ADC costs and comes for the same to jobs for 2020 follow Click the conteve te ABC formation Click icon Sow the records for two cient Read the Requirement Computer the total cost for each using activity based on ABC) The cost of dired shor 23 per hour Activity-based costing Job 721 Job 222 Data Table Dect costs Indirect costs Activity Assembly Programming Testing Allocation Base Number of parts Nun draait hour Number of Preded Overnd Allocational $ 010 700 12000 Totalcos Print Done Choose from a list or enter any number in the hot and enco Check Answer Using a border costing system Pain Computer Company stated the total cost of twee fotos Cid the icon to view the embed coding) Peto Con Company is now considering in an ABC system Information aboul ABC and recorde Basamewer for 2020 w Click the icon to view the ABC Woman Close the record for two ces) Head Requirement i Compute the tal cost for each bring activity based costing (ABC) The cost of direct laboris $23 per bo Activity based costing Job 721 Job 22 Data Table Direct Total Director Hours TM Number of Tests Totalt Total Number of Materials Conte Parts 5 20.500 2.600 150 Indaco Job 721 Job 722 1500 100 11 Print Done You Choose from any store wwer in the input and Check Char All Check Answer Reference Using a job order costing wystem Poston Computer Company estimated the cost of watu Click the iconi thesunder conting) Pelin Computer Company now.con ANC mason about ABC for the same for 2020 follow Stanonicotiningle plan wide 1 Requirement. Compute the tal cost for eachjobingitused.co (ABC) The.cat Activity-based costing Job 721 Job 722 Job 772 1.900 2.00 Decals Dabar Marulding Total.com 20,000 19 7:20 X79701 Ovet Todawc Oct lobortis HD Joh 721 722 100 - Mango 23 21 H Choo many any merenutak Check Print Dow Anaw 1 Reference st DECE TITATETITS 7UU, Direct labor ZUUUU 19,550 7,820 2,300 920 to Manufacturing overhead** $ 47,970 $ 5,120 Total cost Direct labor calculated as follows: Hours per job 850 * Direct labor cost per hour * $ 23 Job 721 11 Total direct labor costs per job $ 19,550 $ 2,300 Job 722 100 * $ 23 11 Manufacturing overhead calculated as follows: Predetermined OH allocation rate Total direct labor costs per job 19,550 2,300 Manufacturing OH allocated 7,820 920 Job 721 $ 40% 11 $ Job 722 $ 40% TI $ - X Requirements 1. Compute the total cost for each job using activity-based costing. The cost of direct labor is $23 per hour. 2. Is the job cost greater or less than that computed under standard costing for each job? Why? 3. If Peaton Computer Company wants to earn an operating income equal to 50% of the total cost, what sales price should it charge each of these two customers? UV $50 $20 Print Done 70 Then CICK Check Answer Hours per job 850 * Direct labor cost per hour 23 11 Job 721 Job 722 11 100 23