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Pens Ltd manufactures two types of writing pen - The Simple and the Sleek (the Sleek being a higher quality item). Both products use similar parts but in different quantities. They also differ in the amount of work needed in the production, selling and billing process. They are both made in batches (large batches for Simple and small ones for Sleeks). Each new batch requires that the production facilities are"set-up".
Required:
Question a: Calculate the profit per unit and the return on sales for both products using:
1. The traditional absorption method(on a direct-labour-hour basis)
2. The activity based costing method.
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