b) Blanky Ltd manufactures small and large electric blankets. The company's most popular product is Deluxe. The following are Deluxe's data for next year's budget: Actual production data for the year for Deluxe were: Required: Calculate the manufacturing overhead cost applied to Deluxe using the ABC system. Round answers to two (2) decimal places. ( 3 marks) i. Calculate the overhead cost per unit using the ABC system. (1 mark) ii. The company used a single plant-wide overhead rate in the past. This would result in an applied manufacturing overhead of $26560 or $1.33 per unit. Compare this figure to your answer in (c), and comment on its implications on the cost of the company's products. (4 marks) SHOW YOUR WORKINGS ANSWER b): b) Blanky Ltd manufactures small and large electric blankets. The company's most popular product is Deluxe. The following are Deluxe's data for next year's budget: Actual production data for the year for Deluxe were: Required: Calculate the manufacturing overhead cost applied to Deluxe using the ABC system. Round answers to two (2) decimal places. ( 3 marks) i. Calculate the overhead cost per unit using the ABC system. (1 mark) ii. The company used a single plant-wide overhead rate in the past. This would result in an applied manufacturing overhead of $26560 or $1.33 per unit. Compare this figure to your answer in (c), and comment on its implications on the cost of the company's products. (4 marks) SHOW YOUR WORKINGS ANSWER b)