IceeBee61 Manufacturers uses activity based costing model to compute product costs. During the coming year the company expects to produce 25000 units of Reg model and 6500 units of Super Model. Data on these products is as follows: Cost Center Cost Driver Level of activity Estimated overheads (K) Super 2000 Total 10000 Labour 80000 900 1400 420000 Reg Direct labour 8000 hours Number of 500 set ups Number of 6400 tests Machine 30000 hours 1600 8000 Machine setup Product testing General factory Total 600000 15000 45000 90000 1190000 1. In a tabular format calculate the Overhead absorption rates for each cost center [14 Marks) 2. In a tabular format, calculate the total overhead cost assigned to each product [20Marks) 3. Calculate the overhead cost to be included in the cost of each unit. [6 Marks)