Assignment 2 1. An engineering firm operates a job costing system. Production overhead is absorbed at the rate of Gh8.50 per machine hour. In order to allow for non-production overheads, cost and profit, a mark up of 60% of prime cost is added to the production cost when preparing price estimates. The estimated requirements of job number 102 are as follows: What is the estimated price notified to the costumer for job 102