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(14 marks) 3. A factory has two production departments- Machining and Finishing. The wage rate for the Machining Department is $25 per hr while in the Finishing department the rate is Sas per hr. The administration and selling.overheads are to be absorhed in the job.cost at 20% of the production cost. Distribution should be added to each job according to quotes from outside carriage companies The company wishes to quote for job #400. The following information is available for the job. Overhead absorption rate: Machining Finishing $60.00 $30.00 Direct Material cost Machining Finishing $14,000 a 5 $3,000 Time required Machining Finishing 30 machine hrs 50 man hrs Special Design Distribution $5 000 $10 000