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: Model A 2,410 min 70 hrs. 105 hrs Model B 7,230 min 294 hrs 273 hrs Costs of Value- Stream Activities 67,480 32,396 27,216 $127,092 Cell manufacturing Engineering Testing Total 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 Model B 2a. Calculate the value-stream average product cost. If required, round your answer to the nearest cent. per unit per unit 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