QUESTION 2 130 marks] ABC Canteen Ltd prepared the following planned production data (meals) for the forthcoming year ending 31 December 2018: Direct Materials for Food Direct labour costs Factory overheads Direct labour hours required Machine hours required Estimated Meals $648 000 $324 000 $1 296 000 20 250 hours 432 000 hours 1 800 000 units Required (i) Prepare a table showing the predetermined factory overhead rate based on each of the following methods of overhead absorption: direct materials cost, direct labour cost, (5 marks) (ii) The following data relate to Job Order No: 6543 which was completed during the year: direct labour hours, machine hours, and units of production. materials costs $280, direct labour costs $720, direct labour hours 45, machine hours used 1200. Job Order 6543 consisted of 400 identical units (meals)