12.2 Barley Brindle produces a single product, Product B. One unit of Product B has a prime cost of £6.20, which includes one hour of direct labour @ £9.20, and each unit uses 0.5 hours of machine time.

Estimated production of Product B in 20X3 is 60,000 units.

Total production overheads are estimated at £218,000.

Calculate the overhead recovery rates (to the nearest penny) for 20X3, based on:

i) direct labour hours ii) machine hours iii) units of production.