The common sensor Dodon and the company profil, oftware and . and Theatre under the Grand away y con todo el and the beach ca Haquant. Cewch we tegin by the demand madhe, 18.00 . Now what you The contine Steatom. Proming has control purchasing malandishi marta Data Table More Info Budged Overhead Activity Drew 13.600 Part Purchasing Talpatat ouary of Activity Deve 2,400 00 10.000 100 2.000 215 and 35 folos Job 215 more Decemos hard to be purchased mod Job 325 Jsb25 Jub21 Nos des Nuomo Macho 30 To 10.000 M Producten Total ded 13 4 Print Done Print Done Jwa. (Click the icon to view the job data.) Requirements 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 Steph's Custom Framing might favor the ABC job-costing system over the simple job-costing system, especially in its bidding process. Print Done Points: 0.7 of 5 Save The job-costing system at Steph'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 13 intricate personalized frames, and Job 325, an order of four standard personalized frames The controler 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 each activity driver are as follows. Click the icon to view the cost and driver data) Click the icon to view the job data) Read the la Requirement 1. Compute the total overhead allocated to each job under a simple costing system, where overhead is allocated based on machine hours. Begin by calculating the overhead rate under the simple conting system. First select the formula, then enter the applicable amounts and calculate the rate (Round your answer to the nearest cent. Abbreviations used: bgt budgeted mache machine, mat, material, purch purchase aty quantity) Budgeted overhead rate Byt total costs in indirect cost pool Bgt totalety of activity driver Simple costing system 250,400 10,000 $ 25.4 Dermach hour Now calculate the total overhead allocated to each job under a simple costing system (Round your answer to the nearest cont) Simple costing system Job 215 Job 325 Indirect cost allocated - Save Save The job-costing system at Steph'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 13 intricate personalized frames, and Job 325, an order of four 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 each activity driver are as follows. Click the icon to view the cost and driver data) Click the icon to view the job data.) Read the fouirements Requirement 1. Compute the total overhead allocated to each job under a simple costing system, where overhead is allocated based on machine hours, Begin by calculating the overhead rate under the simple costing system. First select the formula, then enter the applicable amounts and calculate the rate (Round your answer to the nearest cent. Abbreviations used: bgt budgeted, mach = machine, matu material, purch=purchaso, aty. - quantity.) Budgeted overhead rate Byt total costs in indirect cost pool Bgt. total aty, of activity driver Simple costing system $ 259 400 10,000 = $ 25.94 per mach hour Now calculate the total overhead allocated to each job under a simple costing system. (Round your answer to the nearest cent) Simple costing system Job 215 Job 325 Indirect cost allocated amare overhead allocated under the current simple job-costing system and a newly designed activity-based iob.co a Table Budgeted Quantity of Activity Driver 2.400 $ 4,600 Purchasing Material handling Machine maintenance Product inspection Packaging Budgeted Overhead Activity Driver 33,600 Purchased orders processed 32,200 Material moves 160,000 Machine-hours 7,000 Inspections 26,600 Units produced 259,400 10,000 1,400 3,800 Total $ Print Done e Text Pages Get More Help Clear All etv RA MacBook Air % 5