1. Mazoon Traders LLC manufactures two different types of gadgets, Media pad and Yoga pad. The company relies on activity based costing system. Products Media pad Yoga pad 13,900 9,900 980 590 Units of Production Direct labor hours Number of orders placed Machine set up hours 32 25 35 35 48 40 No. of Deliveries No.of production runs 22 15 Machine set up costs 38,800 Machine running costs 48,800 Procurement costs 48,800 Delivery costs 37,800 You are required to calculate the cost per unit of Media pad and Yoga pad under ABC (2 marks) and Traditional costing method (2 marks) methods. Compare the cost per unit of production and suggest which costing method is good (1 marks). (5 Marks) 3. Nizwa Traders is a manufacturing company which has two production plants and produces four different potatoes chips in each plant. Production Plant (1) produces Cheese, Salt, Tomato paste, and Masala:. The estimated stock levels and the sales budget information is available for the year 2020. Nizwa Traders working capital is OMR 300,000, cash balance OMR 80,000 and its total sales budgeted is OMR 310,000. Estimated Sales as per Sales Budget (Units) 5,800 33,900 34,800 32,900 Production Plant (1) Estimated Stock at the Estimated Stock at the end of the Budgeted Beginning of the Budgeted Product Period(Units) Period (Units) 10,800 Cheese 6,900 9,900 Salt 12,800 11,800 Tomato paste 11,900 12,900 Masala 9,800 You are required to prepare a separate production budget for the plant.(4 marks) Analyse how the production budget helps to maximise profitability of the organization (1 Mark)