E8.30 Comparison of activity-based and traditional product costs: manufacturer Paris Fashions Ltd has switched from a traditional product costing system to an activity-based product costing system to assign manufacturing overhead costs to products. The table below shows the cost per unit of two products from its winter range under the two costing systems: LO8.6 Sweater Overcoat Costing system Traditional ABC $39 $28 $33 $50 Required: 1. Describe the most likely features of Paris Fashions' sweater and overcoat products by replacing the question marks in the following table with 'Yes' or 'No'. Product feature Sweater Overcoat ? ? ? ? ? ? High-volume product line Low-volume product line Produced in small batches Produced in large batches Simple to produce Complex to produce ? ? ? ? ? ? 2. Explain your answers to requirement 1