Value-Stream Average Costing, ABC Costs as Benchmarks A value stream has three activities and two products. The units produced and shipped per week are 50 of the deluxe model (Model A) and 150 of the basic model (Model B). The resource consumption patterns are shown as follows: Costs of Value- Model A Model B Stream Activities Cell manufacturing 2,360 min. 7,080 min. $ 84,960 Engineering 70 hrs. 266 hrs. 27,216 Testing 95 hrs. 266 hrs. 28,158 Total $ 140,334 Required: 1. Calculate the ABC product cost for Models A and B. If required, round your answers to the nearest cent. Product Cost Per Unit Model A $ per unit Model B per unit 2a. Calculate the value-stream average product cost. If required, round your answer to the nearest cent. $ per unit 2b. Assuming reasonable stability in the consumption patterns of the products and product mix, assess how well the products are grouped based on similarity. The two value-stream products are similar The two value-stream products are not similar Not enough information is given to