need these required questions, answers asap pls! thanks appreciate your help!

Question 2 IBL Ltd has identified the following overhead costs and cost drivers for next year The following is one of the jobs completed during the year Job 213 Direct material in units DM per unit Direct Labour cost per hour Units completed DLH Number of setups Number of orders Machine hours Kilowatt hours Actual overhead 600 $12 $35 750 250 hours 55 25 750 1060 $11,800 Overhead Items Estimated ( cost) $ C Setups cost Ordering Cost Maintenance cost Power Cost Driver Kilowatt hours Number of orders Machine Hours Setups 50,000 47,000 35,000 4,000 Estimated (actual transactions) 2000 2,500 7.000 250 REQUIRED 1. Calculate the predetermined rates for the plant using ABC for this job 2. Calculate total product cost using ABC. 3. Calculate the unit cost for each Product [ABC] 4. Is the overhead over-applied or under-applied under ABC? 5. How is this adjusted in the cost of goods account. 6. Why is Activity based costing superior to Functional based costing? 7. Why is calculating unit cost so important in cost accounting