Question 2 Real Ltd received an order for 10 race coil-over struts for team Blackout from California. The units were manufactured as Job #525 and passed through three cost centres. Fabrication Hydraulics and Finishing whose overhead absorption rates are as follows: Fabrication $80 per machine hour Hydraulics $36 per labour hour Finishing $48 per man hour The following production costs and data were recorded: Direct Materials $2 520 Labour: Fabrication 160 hours @ $22.00 per hour Hydraulics 280 hours @ $16.00 per hour Finishing 120 hours @ $18.00 per hour 80 machine hours were recorded in Fabrication, and General and Administration overheads are absorbed at 20% of production cost. Profit is calculated at 40% mark-up. Required: A. Calculate the total cost and selling price for job #525 showing a summarized job card. B. Prepare the job account for job (20 marks) #525. (5 marks) (Total 25 marks)