Try it 1 Atlas Company produces two products; A & B. Product A is a high volume item totaling 25000 units annually, and product B is a low volume item totaling only 5000 units per year. Atlas uses a normal job costing system, with one indirect cost pool and direct labor hours as the allocation base. The following information is extracted from the company's records for the month of May: DM used DLC incurred Actual DLH used Budget MOH Budget quantity of DLH Product A Product B JD 1,000,000 JD 150,000 JD 600,000 JD 120,000 300,000 hr 60,000 hr JD 900,000 450,000 Activity cost pool Budgeted cost A new ABC System was proposed by the company's controller. Analyzing the entire operations of the company resulted in identifying the following activity cost pools, with their annual estimated costs: Cost driver (Allocation base) Budgeted quantity of cost driver Actual quantity of activity driver used by each product Product A Product B Setting up machines JD 300,000 Machining 500,000 Inspecting 100,000 # of setups/run Machine hours # of inspections 1,500 setups 100 50,000 machine hrs. 2,000 inspections 15,000 800 28,000 400 1,800 Total JD 900,000 Required: 1-) Compute the unit cost for each type of products under the traditional (simple, absorbing) job costing and the ABC costing systems. 2-) Which product was undercoated when the job costing system was used