As the cost accountant of eThekwini Technologies Pty Ltd, you compiled the following budgeted Information relating to the production of sectional steel bars for the month of June 2022. Units of production Direct material costs Direct labour cost Fixed manufacturing overheads Variable manufacturing overheads Direct labour hours Machine hours Required: Calculate the following pre-determined overhead rates according to the basis specified in the table below: Basis Product unit basis Direct labour hour basis Direct labour cost basis Machine hour basis Direct material basis 5 000 R 32 000 R 42 000 R 18 000 R 10 000 10 000 8 000 Formula Calculation