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Lilbette Ltd produces ornaments. The product has to go through two processing departments which are Drilling and Forming. Two service cost centres involved are Store and Maintenance. Below are the overhead costs: The following additional information is available: REQUIRED: 1. Ilustrate the overhead analysis by showing clearly the primary and secondary apportionment of the overhead costs incurred by each department in Libete Ltd. (All calculations to be rounded to the nearest \$) (16 marks) 1. Estimate the Overhead Absorption Rates (OAR) for Drilling and forming departments using machine hours and direct labour hours, respectively. Ailcalculations to be rounded to two decimat paces) iii. Lilbette Ltd has accepted an order of 100 units of the same ornaments. The order is identified as Job No. TL-90. Details pertaining to the job are as follows: Selling and administrative overhead is 10% of the factory cost. Profit margin is 35% of the total cost. Find the selling price for Job No. TL-90 by clearly indicating the prime costs, production costs and total costs. Use your answer in (ii) above as the estimated overhead absorption rate (OAR) to calculate the overhead absorbed to the job