Peterson Ltd produces two products: A and B. The enterprise produces both products with the same equipment, Product A is a high volume product while product B is produced in low volumes. Details of the costing activities, inputs and output are as follows: Overhead cost R Material handling Material procurement Set-up Quality control Production Total 150 000 50 000 150 000 250 000 600 000 1 200 000 Cost driver analysis Product A 100 Product B 50 Total 150 Cost driver Material movements No. orders 200 100 300 Overhead Material handling Material procurement Set-up Quality control Production 60 100 100 250 No. set ups 60 No, inspections 150 Direct labour 40 000 hours 80 000 units 10 000 50 000 Annual output 20 000 units Required Calculate the overhead cost per product using an ABC system