Total costs

$

$47,255$

$

$4\mathrm{.}535$

Requirement $2.$ Is the job cost greater or less than that computed under standard costing for each job? Why?

The cost of the Job $721$ using ABC is $$ than the job cost under the standard costing $($single$-$allocation base$)$ system. Under the ABC conting system we can tell that this job is consuming $$ resources than was being accourted for under the single$-$allocation base system, causing Job $721$ to be $$ under the standard costing system.