Value-Stream Average Costing, ABC Costs as Benchmarks

A value stream has three activities and two products. The units produced and shipped per week are 50 of the deluxe model (Model A) and 150 of the basic model (Model B). The resource consumption patterns are shown as follows:

Stream Activities
Cell manufacturing	2,415	min.	7,245	min.	$	67,620
Engineering	70	hrs.	294	hrs.		32,760
Testing	95	hrs.	228	hrs.		23,579
Total					$	123,959

1. Calculate the ABC product cost for Models A and B. If required, round your answers to the nearest cent.

2. Calculate the value-stream average product cost. If required, round your answer to the nearest cent.