Moving to another question will save this response. Question 2 of 4 Question 2 14 points Bawabat Courses a traditional costing system to allocate overhead to its two product lines, Alpha and Omega, on the basis of machine hours. This system has been found to be unsatisfactory. The company has identified the following overhead activities, costs, and activity drivers for the coming year with the aim of changing to an Activity Based Costing System ABO Expected Cost Drivers Per Activity Expected cost Activity driver Activity Setting up equipment 1126,000 Number of setups 150 Ordering materials 18.000 Number of orders 900 Machining 126,000 Machine hours 10.500 Receiving 30,000 Receiving hours 1.250 Bawabat Co. produces two models of cell phones with the following expected use of cost drivers per product line Model Alpha Model Omega 100 50 Number of setups Number of orders 300 600 6,000 4,500 Machine hours Receiving hours 375 875 Production data for the two product lines is provided: Production data for the two product lines is provided: Model Alpha Model Omega Units completed 5,000 10,000 Direct materials S550,000 $700,000 Direct labour 5460,000 3560,000 Required: a. Compute the product cost of each product using the existing traditional costing system [4 Marks) b. Compute the product cost of each product using the Activity Based Costing system [6 Marks) c. How can managers use the data you have computed in a and b. above? Be sure to refer to the data to support your answer (4 Marks)