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: Model A Model B Costs of Value- Stream Activities Cell manufacturing 2,390 min. 7,170 min. $ 76,480 Engineering 60 hrs. 252 hrs. 24,960 Testing 95 hrs. 209 hrs. 24,320 Total $ 125,760 Required: 1.Calculate the ABC product cost for Models A and B. If required, round your answers to the nearest cent. Product Cost Per Unit Model A $ per unit Model B $ per unit 2.Calculate the value-stream average product cost. If required, round your answer to the nearest cent.Β $ per unit Assuming reasonable stability in the consumption patterns of the products and product mix, assess how well the products are grouped based on similarity. β Select your answer -The two value-stream products are similarThe two value-stream products are not similarNot enough information is given to answer