product in five independent runs of 200 units. Assuming each product consumes equal direct material and direct labour content. 0, Which comprises of line set-up costs of Rs. 7,000, product inspection costs of Rs. 3,500 and Rs. 3,500 for material movement to the product Oduct X and 1,000 units of product Y will be as follows Rs. 10,000 2,000 14,000 26.000 and so on not put 0 12 instead of 12 e in 2 decimal places (2 digits after point) vritten in brackets for example (1000) Eer the value in input box, otherwise teacher will not be responsible for any consequences Costing Product X Costing Product Y Costing Product Costing Product Y ased Costing Product X sed Costing Product Y sed Costing Product X ased Costing Product Y XYZ Ltd. manufactures u o products X and Y. Product X is produced in two runs of 500 units and product in five independent runs of 200 units. Assuming each product consumes equal direct material and direct la The manufacturing overheads amounts to Rs. 14.000, Which comprises of line set-up costs of Rs. 7,000, product inspection costs of Rs. 3,500 and Rs. 3,500 for material line. Total costs incurred for producing 1,000 units of product X and 1,000 units of product Y will be as follows Rs. Direct materials 10,000 Direct labour 2,000 Manufacturing overheads 14.000 26.000 Note: 1. No need to enter currency symbol like Rs. $ and so on 2. No need to enter comma between values 3. No need to enter % sign, if answer is in % 4. No need to enter % value in decimal like do not put 0 12 instead of 12 5. If the answer is in decimal so enter the value in 2 decimal places (2 digits after point) 6. If value come in minus so value should be written in brackets for example (1000) Please read instruction carefully before enter the value in input box; otherwise teacher will not be responsible for any consequences Required: (a) Product wise total cost under Traditional Costing Product X (b) Product wise total cost under Traditional Costing Product Y Product wise unit cost under Traditional Costing Product X Product wise unit cost under Traditional Costing Product Y Product wise total cost under Activity Based Costing Product X Product wise total cost under Activity Based Costing Product Y Product wise unit cost under Activity Based Costing Product X Product wise unit cost under Activity Based Costing Product Y