Simplifying the ABC System: Approximately Relevant ABC Systems Patterson Company produces wafers for integrated circuits. Data for the most recent year are provided: Expected Consumpti Datine a Calculated using number of dies as the single unit-level driver. \begin{tabular}{ll} Activity & Budgeted Activity Cost \\ \hline Testing products & \\ Handling wafer lots & \\ Inserting dies & \\ Furchasing materlals & \\ Moving materials & $ \\ Tatal activity cost & $ \end{tabular} Approx. ABC Cost Wafer A Cost by a fully specified ABC system Cost by an approxirnately relevant ABC appraach Simplifying the ABC System: Approximately Relevant ABC Systems Fattersen Company producrs wafers for intrgated circults. Dats for the most recent year are prowided: " Calculated using number of dies as the single unit-lowol driver. b Calculated by multiplying the consumptian ratio of mech product by the cost of cach satrvity. Required: \begin{tabular}{ll} Activity & Budgeted Activity Cost \\ \hline Testing products \\ Handling wafer lots \\ Lnserting ties \\ Purchasing materiels \\ Moving materials \\ Tatal activity cost \end{tabular} 2. Caiculate the error relative to the fully specifed ABC product cost. Round your calculation to three decimal places and the percentage answer to one decimal place. Cost by a fully sperified ABC system Cost by an approximately relewant ABC aporoach