task 5 please complete and show full detail have reposted this several times and been given incorrect answer which is not related to question

The finance office (cost and management accounts) recently performed an 'activity systems analysis for the fixed production overheads. The result is the table below: based production Cost E Cost driver Total cost driver quantity per period 100 Set up costs Production scheduling Quality control Depreciation Raw materials storage Total: 6,000 Set ups 1,624 Set ups 18,920.60 Inspections 7,925.40 Machine hours 2,880 Materials movements 37,350 Indirect production overhead recovery rate 60.00 35.30 7.92 10.20 2.00 46 2,389 777 1440 A further analysis has produced the following indirect production overhead resource required for each product: Activity Based Resource (Cost driver quantity) Requirement (by product) Order / product: Order 1101 A' Order 1102 'B 35 Total Order 1103 'C' 10 Set ups 35 Inspections 800 639 80 2,389 950 Machine hours 247 330 200 777 Materials movements 720 320 400 1,440 Task 5: a Explain 'Activity Based Costing (ABC) as an alternative to full absorption costing and discuss the potential benefits that ABC might bring to production and information systems of Fenton Ltd . Note: Your written explanations should be effectively communicated and should include notes on: The reasons for the development of ABC The 'Activity Based' concept The process of an ABC system development The potential benefits (if any) you feel could be achieved by the introduction of an ABC system for Fenton Ltd 10 Marks b. Recalculate the gross profits (by product an in total) after allocating fixed production overheads to products using an activity - based system 10 Marks The task 5 b. mark include marks allocated to short descriptive notes to workings (