QUESTION 1 (round off to the nearest cent) Budgeted information collected relating to Unisa Sports shop...

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QUESTION 1 (round off to the nearest cent) Budgeted information collected relating to Unisa Sports shop for May presented in Table 1: Table 1 Direct Material Cost R8 000.00 Direct Labour Cost R4 000.00 Machine Hours 2 800 Units Produces Direct Labour Hours Manufacturing Overheads for May 120 3 600 R35 000.00 Using the above-mentioned data, calculate absorption/applied overhead rates based on 1.1. Production Unit method 1.2. Labour hours method 1.3. Machine hour method 1.4. Direct material cost method 1.5. Direct labour cost method (2) (2) (2) (2) (2)

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