Away Lid make trailers. The selling price is 20% on the full cost. The company uses Traditional Absorption costing to calculate its selling prices. Away Lid have Investigated their budgeted overheads for the next year as follows: Cost Pool E Cost Driver total number of cost drivers per cost pool Sales orders 5,000 Sales orders 200 Machining 16,000 Machine hours 32,000 Machine set ups 7,000 Set ups 350 Warehousing (storage costs) 12,000 Weeks in warehouse 300 Quality control 4,000 Quality Inspections 400 Other overheads 20,000 Direct labour hours 5,000 TOTAL 64,000 Job XZ4 is for a new customer who says that if the price is above $1,900 he will buy from a competitor. Job XZ4 has the following specifications: Job XZ4 Specifications Direct materials E1,000 Direct labour 20 hours @ $10 per hour Sales orders Machine hours 100 Set ups 5 Weeks in warehouse 6 Inspections 3 4f) If you owned a manufacturing business, discuss which method of costing: 5 marks Traditional Absorption Costing (TAC) or Activity Based Costing (ABC), you would use. 4g) The full cost of a different product is $20 and the marginal cost of the same product 4 marks is $14. Discuss how you would use these different versions of cost