Question 4: (7 marks) The cordless phone manufacturing division of a Dallas based consumer electronics company uses activity based costing. For simplicity assume that its accountants have identified only the following three activities and related cost drivers for indirect production costs: Activity Cost driver Materials handling Direct materials cost EngineeringEngineering change notices Kilowatt hours Two types of cell phones are produced: Slim and RAZ. Direct costs and cost driver activity for each product for a recent month are as follows: RAZ $50000 $1000 50000200000 Slim $25000 Direct materials cost Direct labor cost Kilowatt hours $4000 Engincering change notices 13 5 Indirect production cost for the month was: Materials handling Engineering $10000 20000 16000 46000 Power Total indirect production cost Reguired: Compute the indirect production cost allocated to each product with the ABC system as follows a. Determine the indirect production cost per cost-driver unit for each activity (General Rate): b Measure the indiresct produstion sost of each activity allocated to each of the two products