Abam Bakery Enterprise is a small bakery manufacturer located at Ipoh, Perak. Currently, Abam Bakery produces three types of product - brownies, cupcakes and filing donuts. There are three production departments. Departmental information on budgeted overhead and various activity measures for the coming year is as follows: Estimated overhead Direct labor hours Direct labor cost Machine hours Mixing RM300,000 4,500 RM120,000 8.000 Cooking RM150,000 15.000 RM180,000 2,000 Packaging RM220,000 3,200 RM120,000 5,000 Currently, overhead is applied on the basis of machine hours using a plantwide rate. However, the production supervisor, Miss Lily, has been wondering whether it might be worthwhile to use departmental overhead rates. She has analysed the overhead costs and drivers for the various departments and decided that Mixing and Packaging should base their overhead rates on machine hours and that Cooking should base its overhead rate on direct labor hours. Miss Lily has been asked to prepare bids for two job offers with the following information: Job 1 RM12,200 RM4,200 Job 2 RM16,500 RM6,800 Direct materials Direct labor cost Direct labor hours: Mixing Cooking Packaging Number of machine hours: Mixing Cooking Packaging 30 150 20 20 80 100 150 80 170 100 50 250 The typical bid price includes a 45% markup over full manufacturing cost. Round all overhead rates to the nearest cents. Round all bid prices to the nearest ringgit. REQUIRED: 1) Calculate a plantwide rate for Syarikat Techno based on machine hours. What is the bid price of each job using this rate? 2) Calculate departmental overhead rates for the three producing departments. What is the bid price of each job using these rates? 3) What If Analysis: 6