Newcastle Computer Repair Services has overheads of 9,400 per month. Each month, 1,000 direct labour hours are worked and charged to specific jobs. The costs and time incurred on job number AXZ55263 were: 20.00 Direct materials () Direct labour (hours) Wage rate ( per hour) 4 10.00 Overheads are charged to jobs on a direct labour hour basis. Required: Calculate the full cost of job number AXZ55263. Firstly, the overhead absorption rate can be found by this formula: (Complete the necessary drop downs.) The values can now be inserted (calculate the overhead absorption rate to two decimal places): = per direct labour hour The full cost of job number AXZ55263 can now be calculated (give your answer to 2 decimal places): Direct materials Direct labour Overheads Full cost of the job Choose from any list or enter any number in the input fields, then continue to the next