Answer any two questions from this Section Question three Kalulushi Engineering Ltd (KEL) is a jobbing company. Recently it completed job number KEJ 0710 for a client and is in the process of preparing the bill for this job. The job card for this job has been made available to you and has the following details: Labour This job required 500 direct labour hours remunerated at the rate of K70,000 per hour. Overheads Overheads are absorbed at the rate of 35% of direct cost while other costs are absorbed at the rate of 15% of production cost. The policy of the company is to earn a 25% profit margin on every job it completes. Required Calculate (a) the direct cost incurred on the above job. (b) the production cost of the job. (c) the total cost incurred by the company to do the above job. (d) the profit margin earned on the job. (e) the sales revenue KEL is expected to earn from the job. (25 marks)