A company that manufactures bicycle racks calculates these according to the cost method. The budget for the indirect costs for a period is stated as follows: The direct costs in the same period are budgeted for: The additional rates for the indirect costs shall be calculated as follows: T T T a) Calculate the additional rates for the indirect costs in each of the departments. b) Calculate the cost according to the cost principle for a bicycle rack where NOK 780 is used in raw materials and NOK 840 in direct wages. c) Find the selling price of one bicycle rack, including VAT of 25%, when the company calculates with a 10% profit calculated at cost. d) What is the difference between an additional calculation according to the self-cost principle and an additional calculation according to the contribution principle? e) Explain what information we need to be able to calculate the market price for the product according to the contribution principle? A company that manufactures bicycle racks calculates these according to the cost method. The budget for the indirect costs for a period is stated as follows: The direct costs in the same period are budgeted for: The additional rates for the indirect costs shall be calculated as follows: T T T a) Calculate the additional rates for the indirect costs in each of the departments. b) Calculate the cost according to the cost principle for a bicycle rack where NOK 780 is used in raw materials and NOK 840 in direct wages. c) Find the selling price of one bicycle rack, including VAT of 25%, when the company calculates with a 10% profit calculated at cost. d) What is the difference between an additional calculation according to the self-cost principle and an additional calculation according to the contribution principle? e) Explain what information we need to be able to calculate the market price for the product according to the contribution principle