Simplifying the ABC System: Approximately Relevant ABC Systems Patterson Company produces wafers for integrated circuits. Data for the most recent year are provided: a Calculated using number of dies as the single unit-level driver. b Calculated by multiplying the consumption ratio of each product by the cost of each activity. Required: answers to the nearest dollar. 2. Calculate the error relative to the fully specified ABC product cost. Round your calculation to three decimal places and the percentage answer to one decimal place. Relative error \begin{tabular}{lr} & Relative error \\ \hline Wafer A & ( \\ Wafer B & 10 \end{tabular} relevant ABC approach. Cost by a fully specified ABC system Cost by an approximately relevant ABC approach Simplifying the ABC System: Approximately Relevant ABC Systems Patterson Company produces wafers for integrated circuits. Data for the most recent year are provided: a Calculated using number of dies as the single unit-level driver. b Calculated by multiplying the consumption ratio of each product by the cost of each activity. Required: answers to the nearest dollar. 2. Calculate the error relative to the fully specified ABC product cost. Round your calculation to three decimal places and the percentage answer to one decimal place. Relative error \begin{tabular}{lr} & Relative error \\ \hline Wafer A & ( \\ Wafer B & 10 \end{tabular} relevant ABC approach. Cost by a fully specified ABC system Cost by an approximately relevant ABC approach