Basit Corporation is developing departmental overheat rates based upon direct labor hours for its two production departments-Molding and Assembly. The Melding Department employs 20 people and the Assembly Department employs 80 people. Each person in these two departments works 2.000 hours per year. The production related overhead costs for the Molding Department are budgeted at Rs. 200,000 and the Assembly Department costs are budgeted at Rs. 320,000. Two services departments Repair and power support the two production departments and have budgeted cost for Rs. 48000 and Rs. 250,000 respectively. The production department's overhead rates cannot be determined until the services department costs are properly allocated. The following schedule reflects the use of the Repair Departments and Power Department's output by the various departments. Service Provided Department Repair Hours KWH Molding 1,000 840,000 Assembly 8,000 120,000 Repair 240.000 Power 1.000 10,000 1,200.000 Required: 1. Calculate the overhead rates per direct labor hour for the two producing departments. allocating services department costs to producing departments only. 2. Calculate the overhead rates per direct labor hour for the two producing departments, using the algebraic method to distribute service department costs