Calculate the product cost for each of the four tests in accordance with:

a$.$ ?The existing costing system

b$.$ ?The costing system proposed by Crest, the accountant

c$.$ ?The costing system proposed by Posh 

Exhibit 4 Additional Information Required for Cost System Proposed by Accountant A: Breakdown of Overhead Expenses Type of Overhead Cost Direct Labor Related Overhead Equipment Related Overhead Total Overhead Cost $721,392 $1,261,036 $1,982,428 B: Utilization of Equipment by Test Test Run Time / Year (Hours) Projectional Radiographs 1,060 Fluoroscopies 1,312 Computerized Axial Tomography (CAT) Scan 1,394 Magnetic Resonance Imaging (MRI) Scan Total Source: Casewriters. 2,515 6,281 Exhibit 5 Additional Information Required for Cost System Proposed by Consultant A: Breakdown of Equipment Related Overhead Type of Overhead Cost High Tech Equipment Related Overhead Low Tech Equipment Related Overhead Total Equipment Related Overhead B: Utilization of High- and Low-Tech Equipment by Test Test Projectional Radiographs Fluoroscopies Computerized Axial Tomography (CAT) Scan Magnetic Resonance Imaging (MRI) Scan Total Source: Casewriters. Cost $921,793 $339,243 $1,261,036 High-Tech Utilization (Hours) Low-Tech Utilization (Hours) 268 792 579 733 819 575 2,515 0 4,181 2,100