Number of setups Machine hours Direct labor hours Number of orders shipped 100,000 123,900 5,000 Comment on how you would use this additional information for costing the firm's products and in straegic planning. 4. Compare the two approaches and discuss the strategic and competitive issues of using each of the methods [LO 5-1. 53 541 Volume-Based Costing versus ABC results of the current year are: 5-11 Eastem Cemical Company produces three products. The ales Quaniy Target Price Actual Price 1,000 5,000 500 $285.50 297.60 202.50 $286.00 255.60 310.00 Difference S 1.00 (42.00 $107.50 The firm sets the target price of each product at 150% of the product's total mianufacturing cos Recognizing that the firm was able to sell Product C at a much higher price than the target price of te