Stage One ABC for Machine Shop: Assigning Costs to Activity As the chief engineer of a small ahrication shop, Brenda Tolliver refers to herself as a "jack-of-all-trades." When an order for a new roduct comes in, Brenda must do the following: 1. Design the product to meet customer requirements. 2. Prepare a bill of materials (a list of materials required to produce the product). 3. Prepare an operations list (a sequential list of the steps involved in manufacturing the product). ivity-Based Costing Each time the foundry manufactures a batch of the product, Brenda must perform these activities: 1. Schedule the job. 2. Supervise the setup of machines that will work on the job. 3. Inspect the first unit produced to verify that it meets specifications. Brenda supervises the production employees who perform the actual work on individual units product. She is also responsible for employee training, ensuring that production facilities are in proy operating condition, and attending professional meetings. Brenda's estimates (in percent) of time ope on each o