how to solve this problem, could you please show me the steps to understand how you solve it thank you

8.18 ABC overhead calculation. W Is a manufacturing company that produces three products: K, Y and 2. Each uses the same resources. but In different quantities as shown in the table of budgeted data for 2013 below: Predict X Y z Budgeted production 15cc 25cc 40cc Direct labour hours per unit 2 4 3 Machine hours per unit 3 2 3 Batch size 50 too Ebb Machine setups per batch 2 3 1 Purchase orders per batch 4 4 E Material movements per batch to 5 4 W's budgeted production overhead costs for 2d13 are $400 000 and current practice is to absorb these costs into product costs using an absorption rate based on direct labour hours. As a result the production overhead cost attributed to each product unit ls: Product X $32 Product Y $54 Product 2 $43 The management of S are considering changlng ii:- an activity based method of attributing overhead costs to products and as a result have identified the following cost drivers and related cost pools: Dost pool $ Goat driver Machine maintenance 130 m0 machine hours Machine setups m 000 machine setups Purchasing 90 mo purchase orders Material handling BU ooo material movements The remaining $E-[l cos of overhead costs are caused by a number of different factors and activities that are mainly labour related and are to be alinbuted to products on the basis of labour hou rs. Required: {a} Calculate the production overhead cost attributed to each product unit using an activity based approach. (?martrs) {b} Explain how w has applied Pareto Analysis when deterrnlning its cost drivers and how it may continue to use Pareto Analysis to control Its production costs