Question No $1$: What is the competitive situation faced by Wilkerson company?

Question No$.2$: Develop and diagram an activity$-$based cost model using the information in the case. Provide your best estimates about the cost and profitability of Wilkerson$$s three product lines. What difference does your cost assignment have on reported product costs and profitability?

Question No$.3$: Based on Q$.2$ analysis, Why have the cost shifts occurred?

Question No$.4$: Based on ABC analysis, what actions might Wilkerson$$s management team consider to improve the company$$s profitability?