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I need these asap, please. a) Dene blanket overhead rates and discuss their use in management accounting. You should also consider the limitations of blanket

I need these asap, please.

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a) Dene blanket overhead rates and discuss their use in management accounting. You should also consider the limitations of blanket overhead rates in your discussion. (5 marks) b) Examine the purpose of departmental overhead rates and consider the advantages of departmental overhead rates compared to blanket overhead rates. (5 marks) The manufacturing overheads for Pakistani Perfect Produce Plc, located in Lahore, for the year ending 30'\" April 2021 are as follows; PKR Rent, rates, heat, light 3,000,000 Depreciation of machinery 1,100,000 Supervisory salaries 1,250,000 Total 5,350,000 PKR is the currency symbol for the Pakistani Rupee. Two products are manufactured, and the following details apply: Purple White Sellingprice per unit PKR 175 PKR 187.50 Direct material cost per unit PKR 50 PKR 60 Direct labour hours per unit 2.5 hours 2 hours Total units produced and sold 225,000 units 130,000 units Labour charge per hour is PKR 22.50. Required (cont): c) Calculate the prot per unit for each product. Use blanket rates to allocate the overheads, with direct labour hours, as a basis for allocation. (10 marks) Further details apply, in respect of the two production departments A and B; and the service department C: Dept. A Dept. B Dept. C Total Number of 40,000 50,000 35,000 125,000 employees Value of xed PKR 2,000,000 PKR 1,600,000 PKR 800,000 PKR 4,400,000 assets Approved Required d} Show numericallyr and explain how you would apportion the supervisory salaries to the individual departments if you were to use departmental overhead rates rather than blanket rates {you don't need to calculate departmental rates - just show and explain the apportionment step in the process). Clearly.F show your considerations and workings. (5 marks} Total 25 marks

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