cost Question 4 (5 marks) Thulani Dealers manufactures a standard type steel product (product code: RD4) used to create cans for beverage storage. They have five steel smelting machines operating at 80% capacity. At 100% capacity, these smelting machines can produce a total of 500 tons of the finished product per month. Therefore, on average, 400 (500*80%) tons of RD4s are manufactured on a weekly basis, assuming 48 operational weeks in a year. All amounts are exclusive of VAT where applicable. Assume that all RD4s are sold within the same month during which they are manufactured. Period Costs (R) Product Costs (R) Marketing, Administrative Direct materials Direct Labour Manufacturing distribution or overhead selling cost Iron ore purchased per week R30000 Wages of machine operators R800 per operator per week.30 machine operators will be on duty in the factory at any time Monthly salary of the factory supervisor R1 000 Depreciation on steel smelting machine, R200 000, per machine per annum Depreciation on office equipment, R44 000 per annum Required: Complete the above by using the monthly cost figures