H-2025 Ltd. is a manufacturer of a range of goods. The cost structure of its different products is as follows: Particulars Product A Product B…

H-2025 Ltd. is a manufacturer of a range of goods. The cost structure of its different products is as follows: Particulars Product A Product B Product C Direct Materials 50 40 40 Direct Labour @10/ hour 30 40 50 Production Overheads 30 40 50 Total Cost 110 120 140 Quantity Produced 10,000 20,000 30,000 Units H-2025 Ltd. was absorbing overheads on the basis of direct labour hours. A newly appointed management accountant has suggested that the company should introduce ABC system and has identified cost drivers and cost pools as follows: Activity Cost Pool Cost Driver Associated Cost Stores Receiving Purchase Requisitions 2,96,000 Inspection Number of Production Runs 8,94,000 Dispatch Orders Executed 2,10,000 Machine Setup Number of Setups 12,00,000 The following information is also supplied: Details Product A Product B Product C No. of Setups 360 390 450 No. of Orders Executed 180 270 300 No. of Production Runs 750 1,050 1,200 No. of Purchase Requisitions 300 450 500 Required CALCULATE activity based production cost of all the three products.