Layar Biru Sdn Bhd manufacture customized sailboats. The company uses a job order costing system. Its plant has three production departments: Cutting, Machining, and Assembly) The estimated manufacturing overhead and direct labor cost for each department for the year 318 is as follows: CONEDENTUL/2 In May 2018, the company received an invitation from Laut Gelora Sdn Bhd to bid on an order of five luxury sailboats that must be delivered by the end of September 2018. This Job 001 would require direct manufacturing costs in the three departments as follows: Required: a. Calculate a plant-wide overhead yate using direct labor cost as the basis. Wr (2 marks) b. Calculate the (departmental overhead) rates based on direct labor cost in each department. (6 marks) c. Based on the departmental overhead rates, determine the total overhead cost absorbed to Job 001 I wo (6 marks) d. Determine the total cost absorbed to Job 001 . (9 marks) e. Layar Biru has a policy to add a 60% markup on job costs to arrive at the selling price. Based on the total cost, determine the selling price for the job 001 . (2 marks)