AJ manufacturing company produces about one hundred products. Its largest selling product is product X and its smallest is product Y. relevant data is given below: Particulars Units produced per annum Material cost per unit Direct labor per unit Machine time per unit No. of set ups per unit No. of purchase orders for material No. of times material handled Direct labor cost per hour Overhead Costs: Set up Purchasing Product Product Y Total product 5000 1000 50,000 Rs.1 Rs.1 15 min 15 min 1 hour 1 hour 24 2 500 36 6 2800 200 15 12000 Rs.5.00 280,000 145,000 130,000 660.000 1,215,000 Required: Material handling Machines Total Machine hours are 600,000 hours. a) Find out the production unit cost of product X and product Y. b) Using conventional product costing machine hour overhead absorption rate. c) Using ABC (Activity Base Costing) compare the results of methods and comment.