Question 2 The following is an extract from the records of Ratio Manufacturers TOTAL PER UNIT Budgeted production (units) Budgeted direct material cost Budgeted labour cost Budgeted manufacturing overheads 25 000 R150 000 R130 000 R60 000 R6,00 R5,20 R35 00 R25 00 Fixed Variable Budgeted direct labour hours Budgeted machine hours 35 000 40 000 1,40 1,60 You are required to Calculate predetermined overhead rates using each basis listed below: product unit basis; labour hour basis; labour cost basis; machine hour basis; material cost basis; and primary cost basis