Final Individual Assignment Henry Mulenga has three production departments; Preparation Assembly and Finishing They also have two service departments; Maintenance and Material handling The budgeted information for the year 2018 is as follows; Department Capacity Utilization Preparation Assembly Finishing Maintenance Material handling Overhead Cost Allocated/apportioned ZMW 180,000.00 96,000.00 84,000.00 12,000.00 8,000.00 40 machine hours 120 labour hours 120 labour hours b. The service department costs should be re-apportioned to the production departments as follows; Preparation Assembly Finishing Maintenance 60% 10% 30% Material Handling 40% 30% 30% C. The preparation department's machines are supervised by a machine minder whose wage is an overhead cost. In the assembly and finishing departments, the wage rate is K2,200.00 per hour d. Administration and selling overheads are to be absorbed in Job costs at 20% of production cost. Distribution overhead should be added to each job according to quotes from outside carriage companies. Henry Mulenga wishes to quote for job 35 using a total absorption cost method to establish the selling price. The following information is also available for Job 35: Direct material cost-K410,000.00 ii. Time required - Preparation 3 machine hours Assembly 4 labour hours Finishing 5 labour hours iii. Special design drawings K166,000.00 i. iv. Distribution quote from haulage company K150,000.00 Required: a. Explain the circumstances under which you use job costing b. Calculate the total cost for Job 35 What is the expected selling price for Job 35 if the profit margin is 25% C