Question 1 (20 Marks) Jaan Kit Bhd has three production cost centres (A, B and C) and two service cost centres. (Storage and maintenance) in its factory. The company re-apportions the cost of the service cost centres to the production cost centres to calculate budgeted overhead absorption rates. The budgeted production overhead costs for a period allocated to the five cost centres were as follows: Production cost centres Service cost centres A B C Stores Maintenance Allocated overhead 225,000 180,000 144,000 87,000 52,500. Other budgeted overheads, which have yet to be apportioned, are as follows: Rent and rates 180,000. Depreciation 225,000 Supervision 360,000 In addition, the following budgeted information is available for each cost centre: Number of employees Floor area square metre Machine cost (RM) Usage of stores Usage of maintenance Production cost centres Service cost centres A B C Stores maintenance 66 51 45 6 12 4,500 3,600 2,400 3,000 1,500 420,000 270,000 150,000 24,000 36,000 40% 30% 20% Nil 10% 35% 30% 15% 20% Nil Required: (a) Produce a budgeted overhead distribution table, for the period, showing the allocated and apportioned cost for the five cost centres. Required: (a) Produce a budgeted overhead distribution table, for the period, showing the allocated and apportioned cost for the five cost centres. (10 marks) (b) Re-apportion the budgeted service cost centre overheads to the production cost centres, using simultaneous equations. (10 marks)