A company is preparing its production overhead budgets and determining the apportionment of those overheads to products. Cost centre expenses and related information have been budgeted as follows. During July 2022 The company used 3000 Tons of Haterial o Rs 5001 ton The company Also used 300 eRs 200 hour ProduA125TonB100C75vereproducedduringJuly2022 Cost of Material and Labor has to be allocated on the bases of tonnage produced in each Produ Required i Allocate Overhead in various Departments ii Transfer cost of Assembly, Canteen\&, Maintenance to Shop A \& Shop B iii Find Machine hour overhead rate of Shop A \& Shop B iv Find Product and Material Cost of Product A,B,C on the basis of tonnage V Apply overhead rate on machine hour basis to determine overhead expenses for Product A B C vi you have now both Direct cost and Overhead expense for Product A B C Apply 25% profit margin to find the price of all the 3 Products A company is preparing its production overhead budgets and determining the apportionment of those overheads to products. Cost centre expenses and related information have been budgeted as follows. During July 2022 The company used 3000 Tons of Haterial o Rs 5001 ton The company Also used 300 eRs 200 hour ProduA125TonB100C75vereproducedduringJuly2022 Cost of Material and Labor has to be allocated on the bases of tonnage produced in each Produ Required i Allocate Overhead in various Departments ii Transfer cost of Assembly, Canteen\&, Maintenance to Shop A \& Shop B iii Find Machine hour overhead rate of Shop A \& Shop B iv Find Product and Material Cost of Product A,B,C on the basis of tonnage V Apply overhead rate on machine hour basis to determine overhead expenses for Product A B C vi you have now both Direct cost and Overhead expense for Product A B C Apply 25% profit margin to find the price of all the 3 Products