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Absorb is a company that has two production departments and one service department. The company has provided you with budgeted cost data for the year

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Absorb is a company that has two production departments and one service department. The company has provided you with budgeted cost data for the year as follows: Indirect Materials E 4,000.00 Indirect Labour 6,000.00 Rent and Rates 150,000.00 Building Depreciation 37,500.00 Heat and Lighting 90,000.00 Machine Insurance 25,000.00 Production Supervisor's Salary 50,000.00 Additional data Service Department Indirect Materials () Indirect Labour (E) Floor Area (sq metres) Machine Value (E000) No. of employees Machine hours Production Dept 1 Production Dept 2 2,000 2,000 3,000 2,000 40 20 16 12 8 6 10,000 5,000 1,000 4 2 1 Prepare a statement showing the budgeted overhead cost for each department. Use the dropdown menu to select the basis of apportionent. Enter all values to the nearest whole number with no sign Prepare a statement showing the budgeted overhead cost for each department Use the dropdown menu to select the basis of apportionent. Enter all values to the nearest whole number with no sign Overhead Basis Production Department 2 Production Department Service Department 1 Indirect Materials 2000 2000 0 Choose... . indirect Labour (E) Building Depreciation Prod. Supervisors Salary Choose

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