Simplifying the ABC System: Equally Accurate Reduced ABC Systems Selected activities and other information are provided for Patterson Company for its most recent year of operations Test hour Expected Consumption Ratios Activity Driver Quantity Wafer A Wafer B 7 Inserting dies Number of dies 2,000,000 0.70 0.30 Number of purchase 8. Purchasing materials 2,500 0.20 0.80 orders 1. Developing test programs Engineering hours 10,000 0.25 0.75 3. Testing products 20,000 0.60 0.40 ABC assignments $1,500,000 $1,500,000 Total overhead cost $3,000,000 Required: 1. Form reduced system cost pools for site and around any division to 9 decimal places in your computations, Round your final answers to the nearest dollar loserting dies cost pool Purchasing cost pool 2. Assign the costs of the reduced system cost pools to Water and Wafer Bound any division to decimal places in your computations. Round your final answers to the nearest dollar Water 1. Form reduced system cost pools for activities 7 and 8. Round any division to 9 decimal places in your computations. Round your final answers to the nearest dollar Inserting dues cost pool Purchasing cost pool 2. Assign the costs of the reduced system cost pools to Wafer A and Water B. Round any division to 9 decimal places in your computations, Round your final answers to the nearest dollar Wafer A Wafer B 3. What if the two activities were 1 and 37 Repeat Requirements 1 and 2 Form reduced system cost pools for activities 1 and 3 Round any division to 9 decimal places in your computations. Round your final answers to the nearest dolor Developing test programs cost pool Testing products cost pool Assign the cost of the reduced system cost pools to Wafer A and Water Water A Wafer B