mpany that (b) The following data relates to normal operations of XYZ Ltd., a manufacturing co employs job costing. All jobs pass through the company's two departments and finishing of preparation Preparation Department Finishing Department Direct material costs Direct labour costs Factory Overhead costs Direct labour hours Machine hours 600,000 480,000 240,000 120,000 60,000 60,000 120,000 180,000 45,000 30,000 The following information relates to job number 31 undertaken by the company during the year 2014: Preparation Department Finishing Department Direct material costs Direct labour costs Factory Overhead costs Direct labour hours Machine hours 60,000 24,000 240,000 250,000 20,000 120,000 18,000 180,00 1,600 2,000 The company employs the same overhead absorption method in the two departments. Required: 0 Using the direct labour hours as the overhead absorption basis in each of the two departments, compute the cost job number 31. (i) Using the machine, hours as the overhead absorption basis in each of the two departments, compute the cost for job number 31