The following are the jobs Daisy worked on in September. White $45,600 Black $37.200 Blue S 0 Green $ 0 Balance, May 1 May activity: Direct materials Direct labour Machine hours Engineering hours Assembly labour hours Inspecting hours $79,400 $65,000 30 140 200 80 $94,100 $53,700 50 90 320 60 $43,200 $31,800 100 70 280 10 $84,500 $62,300 170 300 250 20 On average, 80% of the Work in Process inventories on September 1 are prime costs. The actual activity costs for machining, engineering, assembling and inspecting for September were $47,400, $20,000, $32,800, and $12,500, respectively. By September 30, Job Blue is the only job in progress while Jobs White and Black were completed and sold for 200 percent of prime costs. Required: 1. Determine the cost of Job White completed under the old traditional volume-based costing system and the newly implemented activity-based costing system. Briefly comment on any difference in the cost of Job White. (12 marks) 2. Using activity-based costing, determine the costs of Work In Process and Finished Goods inventories on September 30. (4 marks)