Question 1 Aero3D Ltd produces a range of filament cartridges for 3D printers. The cartridges are produced in batches. The production process involves condensing, shaping, and putting on spools using two special machines and manual labour. Two of their filament cartridges are the XS PRO and the POLYX both made from thermoplastic polyester. The XS PRO is selling for 175 and the PLOYX for 225. The budgeted data for 2021 is as follows: MODEL: XS PRO POLYX Budgeted output for the year 3.400 units 11.800 units Direct material weight per unit 1.2kg 1.4kg Direct material cost per unit 8 10 Direct labour time per unit 0.1 hour 0.2 hour Direct labour cost per unit 2.00 4.00 Number of batches 160 40 Shaping machine time per unit 0.50 hour 10.70 hour ACTIVITY COST POOL COST DRIVER Condensing machine 450,000 Number of production batches Shaping machine 130,000 Shaping machine hours Manual handling of material 55,000 Weight of material handled Budgeted core costs, for management and administration, are 62,000. b) Using activity based budgeting, prepare a budgeted yearly operating statement for Aero3D Ltd. Show the following separately, within the statement. i. The budgeted output for each product per year; ii. The contribution to profits for each product and in total before charging activity based costs; iii. The profit for each product and in total after charging activity based costs but before charging core costs (non-activity based costs); iv. The total profit after charging core based costs