Max Madina limited Workshop is a factory dealing solely in repairs caused by accident within the Madina Legon road. It has three departments through which all the vehicles pass: Mechanical workshop, Electrical shop and spraying shop. Information obtains from their cost records shows the following for the last quarter ending 31st December 2016. Wage rate Variable Overheads variables Direct Labour GH GH HRS MECHAINCAL SHOP 0.66 10,000 10,000 ELECTRICAL SHOP 0.50 9,000 12,000 SPRAYING SHOP 0.50 2,000 5,000 You are to repair and maintain the vehicles for a profit 20% of the price quoted. Fixed factory overheads are estimated at Ghc 5,400.Information relating to the repairs and maintenance of vehicles No AZ 2020 -16 Direct labour hours Cost GHC Material from store 500 Components to be bought 120 Mechanical shop 50 Electrical shop 60 Spraying shop 40 Washing for a road test 20 Administration cost will be absorbed by adding 10% to the cost already given above You are required to prepare a detailed estimate for the cost of repairs of the vehicle no. AZ 2020 16