Boyd Ltd provides a customised, interior design service for wealthy individuals. The service relies heavily on the skill of the various painters and decorators who execute the plans that have been agreed. (Click here to view the business predicts during the forthcoming month.) Calculate a suitable overhead recovery rate per hour for the business. (All workings to nearest whole number.) A suitable overhead recovery rate per hour for the business is Data table Direct materials cost 82,000 Direct labour time 3,200 hours Machine hours 700 hours Supervisors' salaries 27,000 Depreciation of machinery 1,300 Rent of studio and factory 16,000 Heat light and power 1,300 Repairs to studio and factory 10,300 Indirect materials 13,000 Direct, travel related cost 5,000 Direct labour cost 88,000 Print Done