I kindly ask you to solve this question by explaining the details, I will definitely upvote your solutions with my friends, more than 1!

1. ABC Company manufactures a product which goes through one process only. The product costs and the data given below relate to the recent period; Prepare the production report, (round your numbers) 2. XYZ Company produces and sells 2 products, Lambda und Gamma, and the production process goes through two departments. Traditionally Manuficturing Overhead (M/O) cost is applied on the basis of direct labor hours (DLH); estimated M/O cost is $5,757,500 and the estimated DLH is $12,250 for the most recent period. The team decided to replace traditional plantwide costing system to activity-based costing system. There are 3 activity cost pools which represent 3 activity areas at the plant. Direct Labor wage rate is $30 per hour. a) Compute total cost per unit (for lambda and gamma) using traditional plantwide approach. (round your numbers) b) Compute total cost per unit (for lambda and gamma) using activity-based approach. (round your numbers)