QUESTION 3: OMEGA LTD Omega Ltd makes coats in two ranges such as Basic and Deluxe. Information relating to each of these products is set out below: The Director of Omega Ltd has produced the following analysis of total overheads per year and their relevant cost drivers: Breakdown Cost Drivers: Required: A) Calculate the total cost per unit and profit per unit for each product using: - the traditional full cost method of overhead absorption (based on labour hours) (1 mark) - the activity-based costing (ABC) method (3 marks). B) Comment on your findings and suggest an action plan accordingly (1 mark)