Job # 3006, which was an order from Sport Equipment, was completed during the period. Additional relevant data relating to the job were as follows: Direct materials: CODE 1 RM600 CODE 2 RM410 CODE 3 RM190 Direct wages: Assembly 40 hours at RM10 per hour Finishing 50 hours at RM15 per hour Inspection 15 hours at RM20 per hour Machine hours: Assembly 20 hours Finishing 10 hours Inspection 5 hours The branding patent was used in making Job # 3006 at a cost of RM600. Based on normal activity, the company provides information on budgeted overhead as follows: Departments Assembly Finishing Inspection Budgeted Overhead RM24,000 RM36,000 RM15,000 Budgeted Machine hours 4,800 3,600 1,000 Budgeted labour hours 2,400 1,800 2,400 It is recommended that the basis of absorption be as follows: - Assembly Inspection machine hour direct labour hour direct labour hour Finishing Administration, selling and distribution expenses are charged to the job at 10% of factory costs. Profit margin is to be maintained at 25% of selling price. Required: (a) Calculate the predetermined absorption rates for each department. (b) Determine the selling price of the Job #3006. (9 marks) (13 marks)