Diablo Electronics manufactures four unique products (A, B, C, and D) that are fabricated and assembled in five different workstations (V, W, X, Y, and Z) using a small batch process. Each workstation is staffed by a worker who is dedicated to work a single shift per day at an assigned workstation. Batch setup times have been reduced to such an extent that they can be considered negligible. Figure 5.2 is a flowchart of the manufacturing process. Diablo can make and sell up to the limit of its demand per week, and no penalties are incurred for not being able to meet all the demand. Which of the five workstations (V, W, X, Y, or Z) has the highest utilization, and thus serves as the bottleneck for Diablo Electronics? Example 5.2 = RawmaterialsProductD = 4. Know how to compute the budget for the El Diablo problem a. Know how to calculate product cost using a full cost system and a direct cost system b. Know how to measure product profitability for a full cost, direct cost, and throughput acctsystem c. Know how to calculate budget variances d. Know how to calculate an income statement as done in class as well as cash flow e. Know how to value wis inventory