Question 2 Ash Ltd. Currently manufacture 3 products, M, K and H. The relevant production information...

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Question 2 Ash Ltd. Currently manufacture 3 products, M, K and H. The relevant production information is as follows: M H 400 units 50 units 2 set-ups Production (units) Batch size Machine set-up per batch Processing time per unit 300 units 30 units £7590 2 set-ups 1 minute K 240 units 20 units 1 set-up 2 minutes 1.5 minutes Fixed overhead costs amount to a total of £13,590 and have been analysed as follows: Machine set up costs £6000 Processing costs Required: Using Activity Based Costing, calculate the fixed overhead cost per unit of product K. Question 2 Ash Ltd. Currently manufacture 3 products, M, K and H. The relevant production information is as follows: M H 400 units 50 units 2 set-ups Production (units) Batch size Machine set-up per batch Processing time per unit 300 units 30 units £7590 2 set-ups 1 minute K 240 units 20 units 1 set-up 2 minutes 1.5 minutes Fixed overhead costs amount to a total of £13,590 and have been analysed as follows: Machine set up costs £6000 Processing costs Required: Using Activity Based Costing, calculate the fixed overhead cost per unit of product K.