ABC company produces and sells a range of products. Activity$-$based costing is applied to the control and apportionment of production overhead costs.Information regarding production activities and associated budgeted costs for the next year is as follows:One of the products that the company produces, Product Axe, has the following estimates for the year:ActivityCost driverCost driver volumeOverhead expenditureMaterials handlingWeight of materials$240000$ kgN$$76800$MachiningItems handled$112000$ itemsN$$197120$AssemblyDirect labour hours$90000$ hoursN$$94500$Product testingUnits tested$74000$ unitsN$$153920$Weight of materials$7800$ kgItems handled$3100$ itemsDirect labour hours$2700$ hoursUnits tested$4400$ unitsUnits produced$11000$ units$1\mathrm{.}1$Determine the predetermined overhead rate, assuming the overheads are absorbed based on direct labour hours$\mathrm{.}1\mathrm{.}2$Determine the budgeted cost drivers for each activity cost pool$\mathrm{.}1\mathrm{.}3$Calculate the budgeted production overhead cost per unit of Axe $($to $2$ decimal places of N$$).$