Have I completed this problem correctly? Please advise:

Company XYZ has 2 xed price contracts for 2 different clients. The company has enough capacity for both contracts but is uncertain whether they will be protable. Using the information below, a) calculate the activity-based costs and prots for each contract (this requires more than one step) and b) calculate the profit for each job using absorption costing, absorbing overheads using molding hours: Enter all answers in number format without commas, decimals, or dollar signs. Customer AAA BBB Component Type A999 B999 Contract Value ($) $27,000 $100,000 Contract Quantity 1,000 unit 2,000 unit Material cost/unit $15 $20 Molding time/batch 5 hours 7.5 hours Batch size 100 units 50 units Annual Budgeted Overheads Activity Cost Driver Cost Driver Volume/Yr Cost Pool Molding Molding hours 2,000 $150,000 Inspection Batches 150 $75,000 Prod. Mgmt. Contracts 20 $125,000 (Calculate cost per unit of cost driver) Activity Cost pool Cost Driver/Yr Cost/Unit of Cost Driver (a) (b) (a)/(b) Molding $150,000 2,000 A. $ 75 /molding hr. Inspection $75,000 150 B. $| 500 /batch Prod. Mgmt. $125,000 20 C. $ $250 /contract Calculate the cost drivers consumed by each contract) Cost driver Customer AAA Customer BBB Batches D. 10 40 Molding hours F. 50 300 G. Contracts (Calculate the costs and profit for each contract) Contract AAA Contract BBB Selling price $27,000 $100,000 Materials H. $ 15000 . $ 40000 Molding J. $ 3750 K. $1 22500Inspection L. $| 5000 M. $| 20000 Management N. $| 6250 0.$ 0250 Total cost P. 30000 (1.88750 Profit/(Loss) ($3,000) $11,250 (Multiply (total annual overheads/annual molding hour) by materials and then overheads) (b) Contract AAA Contract BBB Selling price $27,000 $100,000 Materials R. $ 15000 3- $ 40000 Overheads T. 35' 0750 U. $| 52500 Total Cost V. $I 23750 W. $| 02500 Profit/(Loss) $3,250 $7,500