Sample Test Paper ACC420 Jimmy LTD is a manufacturing company that makes mobile phones. The manager in the account department has the list provided to him: asked the staff to forecast the manufacturing overhead for the following year. Below is Cost $150000 $85000 $45000 $190000 Categories of activity Inspection Material handlings Maintenance The company has been a follows sked to submit a bid for a Model Z phones]. The estimates of the task is as $8500 500 15 Raw materials Machine hours # of material moves 3 of set ups 3 of inspections Direct Labour [2000 hours] Completed units 15 $15000 420 The list of budgeted activity is also provided. The four activity based cost drivers that would be used are: Machine hours. 25000 Material moves2000 Setups3000 Quality inspections 5000 Required 1 If the company uses functional-based costing and uses machine hours as the cost driver, what is the unit cost of the model 2. If the company uses activity based costing calculate the unit cost