Material: AA200 - 3 litre BS33 - 2 litre DT11- 1.5 Kg Cost information RM 22 per litre RM 10 per litre RM 30 per Kg RM 40 per hour RM 6 per hour RM 8 per hour Labour: Skilled labour: 2 hours Semi skilled labour : 8 hours Absorbed based on total labour hour per unit Variable overhead: Fixed Absorbed based on total labour hour per unit RM 8 per hour overhead: In accordance to IAS 12, DETERMINE the cost of an inventory for Product XX