Problem 7.42 The Pond Kit Company manufactures kits for fish ponds. The managers recently set up an ABC system to identify and reduce non-value-added activities. The ABC system includes the following cost pools, cost drivers, and estimated costs for manufacturing activities: Cost Cost Allocation Activity Driver Rate Material handling Number of parts $ 1 per part Forming Moulding hours 40 per hour Moulding setup Number of batches 50 per batch Packing and shipping Weight 1.50 per kg Inspection Finished kits 10 per kit Direct labour Finished kits 21 per kit Direct materials Finished kits 120 per kit The company manufactures 10 kits per batch. Each kit requires 24 parts and 2 hours in moulding, and each weighs 32 kg. Calculate the total ABC manufacturing cost per batch. (Round answer to 2 decimal places, e.g. 2,556.35.) Total ABC manufacturing cost per batch Calculate the total ABC cost per finished kit. (Round answer to 2 decimal places, e.g. 2,556.25.) Total ABC cost per finished kit Suppose that Pond Kit's managers also want to allocate marketing costs and customer service to each product. Total marketing costs for the period were $17,000, and customer service costs were $27,000. The number of batches produced was 1,600. Calculate the total ABC cost per unit and cost per kit, including the costs of marketing and customer services. (Round answers to 2 decimal places, e.g. 2,556.25.) Cost Cost per Kit Per Batch (10 kits per batch) Total $