Value-5tream Average Conting, DbC, ABC Costs as Benchmarks A value stream has three activites and two products. The units produced and shipped per week are 50 of the delune model (Model A) and 250 of the basic moded (Moder B). The Grde time for Model A is forr hours and that of Model B is three hours. The resource consurnption patterns are shown as followi 1. Celculate the MDC product cost for Mooeis A and B. If required, round your answers to the nearest cent. 2a. Calouate the value stream average product cost. If required, round your answer to the nearest cest. per ins 3. Calculate the unt cost ef exn groduct ving Dec. Ahound intermedtate calculations and yeur answers to the nearest cent if roshding is reauired. Required: 1. Calculate the ABC product cost for Models A and B. If required, round your answers to the nearest cent. 2a. Calcultete the value-stream average product cost. If required, round your answer to the nearest cent. per unit 2b. Assuming reasonable stabilty in the consumption patterns of the products and product mix, assess how well the products are grouped based on similarity. 3. Calculate the unit cost of each product using DoC. Round intermediate calculations and your answers to the nearest cent if rounding is required. How does this compare with the AaC unit costs? Which of the three costing methods would you recommend, and why? The DEC unit costs are both to the ABC unit costs. This suggests that, in the presence of heterogeneity, wang DAC for costing is better than costing. 4. Isensify the data anaivic types (descriptive, diasnostic, predictive, and prescriptive) that apply for each of the following