O indy Camay runs a factory making cartons of soap for the hospitality industry. The total indirect costs for the year ended 30th June are $80 000 Total direct labour hours for the current period are 8 000 Total machine hours for the current period are 5 000 1. The indirect cost rate for the business if the business allocates overheads using direct labour hours: Choose... 2. The indirect cost rate for the business is if the business allocates overheads using machine hours: Choose... Candy Camay runs a factory making cartons of soap for the hospitality industry. Candy's business allocates overheads using machine hours. The indirect cost rate is $16 per machine hour. If one carton of soap requires the following: $130 direct materials 25 direct labour hours ($7 direct labour rate) 20 machine hours 3. What is the value of the allocated overheads of one carton of soap? 4. What is the full cost of one carton of soap? Q4. The steps involved in determining the full cost of a cost object are listed below (in n- particular order). JA determine the indirect cost rate for each cost pool | fidentify the cost driver to be used C identify the indirect cost to be allocated to the cost object D total all indirect costs IE determine the full cost of the cost object 7. The correct order for carrying out these steps is: Choose... 0