Hello company manufactures three products, A, B and C. Forecast data concerning overheads (indirect costs) of the products for the next period as follows. A Forecast output 48 B 50 60 C 80 (units) Machine hours per 4 3 2 unit Number of 10 customer orders Number of quality 15 20 23 12 25 control inspections Number of 8 7 engineering consultancies Areas of workshops (m) Cost pool $ 3,000 4,500 2,500 Machine operating 27,000 Order processing 6,000 Quality control 3,000 Cost pools and related cost drivers Engineering consultancy 2,000 Rent of the campus 10,000 Required Cost driver Machine hours No. of customer orders No. of quality control inspections No. of engineer consultancies Areas of workshops Calculate the overhead cost to be absorbed by each of the products using the following absorption costing methods. (1) A traditional absorption method based on a machine hour rate. (2) An activity-based method, using the relevant cost drivers to trace overhead costs to the individual products.