A Cape Town-based manufacturing fem, CGM Manufacturing Enterprises (C (A, B and C) and the two service departments K and Yan of the budgeting employed by COHMC has gathered the long annual overwat ons Indirect materials Production department A Production department B Production department C Service department X Service department Y Indirect labour Production department A Production department B Production department C Service department X Service department Y Heating and lighting Property tax- Insurance of machinery Depreciation of machinery Insurance of buildings Salaries of works management The following information is also available. Production department A Production department B Production department C Service department X Service department Y Carrying value of machinery, R 250 000 402 500 Secondary allocation: Presentage of service department X to Percentage of service department Y to 52 500 10 000 50 000 500 000 500 000 750 000 550 000 740 000 250 000 500 000 75 000 750 000 125 000 400 000 4 000 000 2 500 000 500 000 250 000 250 000 7 500 000 A Area occupied (m) 20 40 5.000 2500 7500 7500 2 500 25 000 Number of employees B 40 20 150 100 150 50 As an accounting intern in the office of the senior cost accountant, you have been asked to prepare an overhead allocation stalement using traditional costing). You have been asked to use the repeated distribution method to prepare the secondary allocation of the overheads of the two service departments (X and Y) to the three production departments (A B and C) according to the following percentages: 50 500 Machine hours C 30 20 1 000 000 800 000 850 000 The three production departments (A, B and C) absorb overheads on machine hour basis. X 20 Y 10