QUESTION 2 Dubal Industrial Company manufactures two products: Alpha and Beta. Management believes that the accounting system is not accurately allocating costs to products, and has asked you to investigate the cost allocation problem. Alpha Beta Total Direct Material 450,000 600.000 1,050,000 Direct Labour 490.000 Manufacturing OM 650,000 No. of Units Produced 25.000 Units 19.000 Units 44000 520.000 1,010,000 Management has determined that overhead costs are caused by three cost drivers as follows: Cost Driver Activity Costs Assigned Crystal Glass Total Measure Machine Processing Number of AED 170,000 1,600 1,400 3,000 machine hours Production Orders Number of AED 250,000 200 150 350 orders Shipments Number of AED 230,000 100 150 250 shipments Total M.OH AED 650,000 Required (Show all calculations) 1. If the company uses the ABC costing system and the three cost drivers are used to allocate overhead allocate the manufacturing overhead costs: A-How much overhead will be assigned to each product? (15 marks) B- What is the total cost per unit produced for each product? (10 marks) 2-If the company allocates the manufacturing overhead costs by number of products A-How much manufacturing overhead will be assigned to each product? (5 marks) B-What is the total cost per unit produced for each product