Draw two diagrams to show the flow of costs for: i) job-order costing system and ii) process costing system. Your diagram should include three types of jobs (Job 123, Job 333 and Job 555) for job-order costing and two processing departments (Mixing department and Moulding department) for process costing. Explain your diagram. Define the term equivalent unit, and explain how the concept is used in process costing. Give an example of situation where it may be appropriate to ignore the concept of equivalent units. Give three examples of non-manufacturing coat in which activity-based costing may include them in product costs Having attended a Management Accounting course on Activity-Based Costing (ABC), you decided to apply the principles of ABC on the product currently made and sold by your company. Details of the product and relevant information are given below for one period: The total of the production overhead for the period has been analyzed as follows: Calculate the total product costs for product A, using activity based costing