Shiny cream. the following are Shiny cream data for next year budget. ACTIVITY COST DRIVER COST POOL BND Purchasing Purchase orders 120,000 Cleaning Batches produces 130,000 Material handling Material movements 155.000 Machining costs Machine hours 150,000 TOTAL 555.000 COST DRIVER VOLUME PER YEAR 2.500 orders 6,500 batches 15.000 moves 40,000 hours Cost driver information are as follow: Purchase order Output Batches produced Materials movements per batch Machine hours per unit 60 orders 90,000 unit 350 batches 15 moves 0.5 hour Required: a) Calculate the overhead rate using activity-based costing principle (4 Marks) b) Evaluate the activity-based overheads cost for Shiny cream. (5 Marks) c) Determine the budgeted overhead costs using traditional costing method (absorbed overhead using machine hours) (3 Marks) d) State the FOUR (4) steps involves in activity-based costing method (4 Marks) e) Discuss TWO (2) purposes of management accounting. (4 Marks)