Cousins manufacturers two products, Super Micro-wave ovens and Turbo Micro-Wave ovens The manufacturing management has been advised that Activity Based Costing is a better way to allocating manufacturing cost when determining the total cost per unit of both of it's products Cost analysis gathered the following information, as you instructed Cost Drivers by Product Super Turbo 400 400 ABC Cost Pools Cost Drivers Ordering/receiving Order Machine Setup Set Ups Machining Parts Assembly Inspection Est Overhead Cost $ 450,000 981,000 Machine Hours 3,600,000 600 500 150,000 100,000 4,2000,000 1200,000 800,000 400 Inspections 1,200,000 Production (units) 720,000 180,000 Now that the information has been gathered, you are asked to identify the steps taken in the ABC process to allocation the manufacturing overhead for the products REQUIRED 1 Identify and illustrate the ABC steps in manufacturing cost allocation using the data provided in the table above Show computations where required for relevant steps 2. Sur Tippins has been using a traditional approach to allocation manufacturing overhead The single driver was machine hours was revealed that the basic uses 1.75 machine hours per unit and the premium what is youroval ation of the results in #1 in comparison to the traditional approach BE uses 35 machine hours per unit SPECFIC and show computations