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On1 July 2017. Becuits Gore installed additional baking capacity on the same oven that is referred to in Question 1. The costs that were incurred

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On1 July 2017. Becuits Gore installed additional baking capacity on the same oven that is referred to in Question 1. The costs that were incurred were Additional oven space $320.000 Additional gas pipes 530,000 Creating a hole in the factory wall to enable the installation $100.000 Sealing the hole in the factory wall after installation 550.000 On1 July 2017, the carrying value of the asset can therefore be increased by O. 5500.000 $470.000 Oc$400.000 Od: $450.000 QS350.000 Spacely Enterprises uses a predetermined overhead rate in applying overhead costs to their Orbital and Lift-off departments, They use packaging cost to apply overhead in the Lift-off Department and direct labour hours to apply overhead in the Orbital Department The estimates for 2018 are as follows: Orbital Dept Lift-off Dept Direct Labour Costs $1.250,000 $1,020,000 Overhead Costs $800.000 5960,000 Packaging Costs $550.000 $125.000 Direct Labour Hours 12.500 12.500 What is the predetermined overhead rate in the Lift-off Department? @ $7.04 Ob. 52.61 Oc$10.00 . d. 57.68 O515.84 Clear my choice

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