(a) W Cables Ltd. is a manufacturing company.r that makes only three products P, Q and R. Data for the period ended last month are as follows: 5. P .: IQ . _F\\" Untts produced ; 12,000 16,000 8,000 j Sh. s'h'. - sh: sales price per unit j 50 '?o' - 80 Direct material cost per unit 1 '16 24 - 20 Direct labour 'cost'p'e'r unit j 8" 12 - 8 Prud notion overhead costs Total [Eras] Cost drivers Machining costs 102,000 Machine hours Production scheduling 84,000 No. of production runs Setup costs 54,000 No. of production runs Quality control 49,200 No. ofproduction runs Receiving materials 64,800 No. of production runs Packing materials 36 000 No. of production runs 390 000 - (-3-. Information on the costdrivers is givenas follows: P Q R Direct labour hours per unit 1 1% 1 Machine hours per unit '14 1 1% Number of components per unit 3 5 8 Number of component receipts 18 80 64 Number of customer orders 6 20 10 Number of production runs 6 16 8 Required: I + I K SI Using Activity Based Costing {ABC} snow the cost and gross prot per unit for each product during the period. [14 marks] (b) Explain the advantages of using Value Added Statements {MAS} for m comparisons in a decentralized rm. [4 marks]