Question 7 (10 points) Note: Keep in mind that you are required to respond to just 6 questions in this test, and this question is obligatory. Brilhant Accents Company manufactures and sells three styles of kitchen taps: brass, chrome and white. Production tahes 25, 25 and 10 machine hours to manufacture 1000-unit batches of brass, chrome and white taps, respectively. The following additional data apply: Total overhead costs and activity levels for the year are estimated as follows: Required: a. Using the traditional system, determine the operating profit per unit for each style of tap. 2 marks b. Determine the activity-cost-driver rate for set-up costs and inspection costs. 2 marks c. Using the ABC system, for each style of tap: 1 . compute the estimated overhead costs per unit compute the estimated operating profit per unit. 4 marks 2. d. Explain the differences between the profits obtained from the traditional system and the ABC system. Which system provides a better estimate of profitability? Why? 2 marks