Lucus Limited uses an estimated overhead rate for allocating production overhead to job orders. The rate is on a machine hour basis for the machining department and on a direct labour cost basis for the finishing department

Lucus Limited estimates the following for the current year:

	Machining	Finishing
Production overhead cost	$15,000,000	$1,000,000
Machine hours	250,000	33,000
Direct labour hours	30,000	160,000
Direct labour cost	$900,000	$5,000,000

During August, the cost record for Job 602 shows the following:

	Machining	Finishing
Direct materials requisitioned	$7,000	$2,000
Machine hours	35	5
Direct labour hours	20	300
Direct labour cost	$930	$9,150

Total actual costs and machine hours were as follows for the current year:

	Machining	Finishing
Production overhead incurred	$10,200,000	$790,000
Machine hours	220,000	32,000
Direct labour cost	$950,000	$4,900,000

Required:

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(a) Calculate the predetermined overhead rates to apply to individual jobs in machining and finishing departments during the year. (Show your working).

(2 marks)

(b) What are the total manufacturing overheads allocated to Job 602 in August?

(3 marks)

(c) Assuming Job 602 consists of 150 units and is started and completed in August, what is the unit cost for this job?