Assuming overheads are absorbed on the basis of labour hour the total cost of a unit of RIDD7 Select one answer: 0 126.4 O E27.2 O E24 O 12914 Shilton Lid produces two items: CRAST and RIDD. Details of these two products are as follows; Per unit CRAST RIDD Materials E E12 E9 Labour E E20 E15 Machine hours 3 05 Demand (units) 300,000 100,000 Labour is paid at E10 per hour, Material costs $6 per kg. Total overheads are $1,200,000 per annum Assuming overheads are absorbed on the basis of labour hours, what is the total cost of a unit of RIDD? Select one