please answer these questions as soon as possible

Question 3 Lotus Ltd has identified the following overhead costs and cost drivers for next year Overhead Items Setups cost Ordering Cost Maintenance cost Power Cost Driver Number of setups Number of orders Machine Hours KILOWATTS Budgeted cost 55,000 64,000 61,000 12,000 Estimated activity 1800 3,500 1800 6000 The following is one of the jobs completed during the year JobA $8000 14 250 440 Direct materials Hourly rate Units completed DLH Activities Number of setups Number of orders Machine hours Kilowatts Actual overhead 10 20 650 1000 $5,500 The company uses Direct Labour Hours as the unit level cost driver. The estimated direct labour hours are 13,500 hours. REQUIRED Part 1 1. Calculate the predetermined rate for the plant using FBC based on direct labour hours for the job 2. Calculate total product cost using FBC based on Machine hours for each job 3. Calculate the unit cost for each Product 4. If the company has a mark up of 15%, what will be the selling price? 5. Is the overhead over-applied or under-applied? How will you adjust Cost of goods sold Part 2 6. Calculate the predetermined rate for the plant using ABC based on machine hours for each job 7. Calculate product cost under ABC. 8. Calculate the unit cost for each Product [ABC] 9. Is the overhead over-applied or under-applied under ABC? 10. Why is activity based costing considered more reliable than functional based costing