Q 10) Mittal Batra (MB) is a private hospital carrying out two types of procedures on patients. Each type of procedure incurs the following direct costs: Page 4 of 7 MB currently calculates the overhead cost per procedure by taking the total orerhead cost and simply dividing it by the number of procedures, then rounding the cost to the nearest two decimal places. Using this method, the total cost is $2475.85 for Procedure A and \& 4735.85 for Procedure B. Recently, another local hospital has implemented activity-based costing (ABC). This has led the finance director at MB to consider whether this alternative costing technique would bring any benefits to MB. He has obtained an analysis of MB s total overheads for the last year and some additional data, all of which is shown below: Required: (a) Calculate the full cost per procedure using activity-based costing. (b) Making reference to your findings in part (a), advise the finance director as to whether activitybased costing should be implemented at MB