Atlas Smallgoods {Atlas} is a company that produces a range of smoked meat products. One of the company's highvolume selling products, Mettwurst, is currently facing intense competition from its major rival, Continental Meats. Atlasr Mettwurst sells at $4.03 per 500g stick. Continental sells its Mettwurst for $2.9D per 500g stick. Jim Atlas, Atlas' majority owner, is not particularly worried about the problem, believing that Continental Meats can't be making a prot at that price. But his wife, Jane {Atlas' Finance Manager], is concerned, believing that there may be something wrong with the way Atlas is calculating their overhead costs. Jane used activitybased costing to produce the following schedule of overhead costs and activity drivers: Mettwurst: Schedule of Overhead Costs and Activity Drivers M m m m m m 5 11.12:! Required: {14 marks in total} [a] Calculate the total nonvalueadding oost incurred by Atlas for its Mettwurst product. Show all workings. (4 marks] [Hint NVA Cost total = $1320] [b] For each nonvalue adding oost identied for part la), explain why you identied it as non-valueadding id marks'l