QUESTION 1 Suppose that a manufacturing company produced 3 different cost objects (products) during the year 2019. Consider the following information: 6 marks) Cost object No.2 Cost object No.3 $ 7000 $ 8000 Information Cost object No.1 Direct material costs $ 5000 Direct labour costs $ 2500 Wage rate per DLH $ 2.5 No. of machine hours 250 $ 3500 $ 4000 $ 5 $ 5 400 600 Required: If total indirect costs for the year 2019 were $ 10000, calculate each of the following: If No. of direct labor hours base is used to allocate the total indirect costs, the cost allocation rate is: Select one: a. $ 1 . b. $4 c. $ 0.5 d. $ 8