Product Z 1,700 units Alloy Plc manufactures 3 products in two production departments, Machine shop and Fitting section. It also has two service departments, a Canteen and a Machine maintenance section. Below are production and manufacturing data for the 3 products: Product X Product Y Production 4,200 units 6,900 units Direct materials (A per unit) 11 14 Labour Machine shop ((N per unit) 12 4 Fitting section (per unit) 12 3 Machine hours per unit (Hours per unit) 6 3 17 2 21 4 Overheads Book value of equipment No. of employees Floor space (m) Allocated overheads Machine shop N150,000 18 3,600 N27,660 Fitting N75,000 14 1,400 N19,470 Canteen N30,000 4 1,000 N16,600 Maintenance N45,000 4 800 N26,650 Other overheads include: Rent and rates N10,000 Heat and light N7,000 Insurance of Equipment N5,000 Depreciation N20,000 Canteen overhead expenses are apportioned to all the other units in the ratio of the number of employees while Maintenance section overheads are apportioned 70% and 30% to Machine shop and Fitting section respectively. Required: a) Prepare a statement showing the apportionment of overheads b) Calculate the overhead absorption rates to products for total Machine shop overheads and Fitting section overhead using number of units produced