QUESTION 2 PTS Ltd is a manufacturing company which uses three production departments(Mac, Ass & Fin) to make its products. It has the following factory costs which are expected to be incurred in the year to 31st December: Cost of Repairs: Machining GH234,980 Other Overhead costs Factory rent GH12,685,500 Assembly GH345,900 Business rates GH 3,450,900 Finishing GH134,525 Heat and lighting GH 985,350 Indirect wages: Machining GH120,354 Machinery power GH 2,890,600 Assembly GH238,970 Depreciation GH 600,000 Finishing GH 89,700 Canteen subsidy GH 256,000 Other information is also available as follows: Mac Ass Fin Number of employees 50 Floor area occupied (m) 1.800 Horse power of machine 13,000 Value of machine (GH&'000) 250 60 1,400 500 30 18 800 6,500 120 Labour hours (000) Machine hours (000) 100 200 140 36 35 90 You are required to: 1. Prepare the company's overhead analysis sheet for the year 31" December 12 marks 2. Calculate the overhead cost incurred by each department 3 marks (Total = 15marks)