Envision Company uses activity-based costing (ABC) for allocating manufacturing overhead costs to jobs and it has established the following cost drivers and rates:
During July, Job #2005 produced 1,500 units and required the following activity: 1,800 parts, 2 production runs, and 325 direct labor hours.(a.) Calculate the amount of manufacturing overhead applied to Job #2005.(b.) Explain the advantage of using the ABC approach. 
Definitions:
Personal Income Tax
A tax levied on the income of individuals, which can vary based on income levels and types of income.
State Excise Tax
Taxes imposed by a state on particular goods or activities, such as alcohol, cigarettes, and gasoline.
Federal Excise Tax
A tax imposed by the federal government on the sale of certain goods and services, such as gasoline, alcohol, and tobacco.
Efficiency Loss
The loss of economic efficiency that can occur when the balance between supply and demand is not achieved or when market conditions lead to a misallocation of resources.
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