Don't answer if you don't know and within 10 minutes 16 The accounts of the Steelways Engineering Co. Ltd. show for 2011 : Rs. Materials used 1,80,000 Manual and machine labour wages directly chargeable 1,60,000 Works overhead expenditure 40,000 Establishment and general expenses 19,000 (a) Show the works cost and total cost, the percentage that the works overhead cost bears to the manual and machine labour wages and the percentage that the establishment and general expenses bear to the works cost. (b) What price should the company quote to manufacture a machine which, it is estimated will require an expenditure of Rs. 8,000 on materials and Rs. 6,000 on wages so that it will yield a profit of 25% on the total cost or 20% on selling price