QUESTION 3 Seri Puding Enterprise forecasts the following production overhead for its production cost centres; Cutting, Moulding, Finishing and service cost centre; Maintenance for the year ended 31 August 2021. Allocated costs: Cutting Moulding Finishing Maintenance RM 250,500 239,500 295,500 120,000 Common costs: Depreciation on machines Depreciation on motor vehicles Depreciation on equipment Office rental Interest on loan Insurance on building 76,000 87,000 27,000 69,000 15,000 145,000 The following information relates to the above cost centres: Overhead costs Maintenance Total 454.300 Cutting 210,000 582,900 628,000 125,000 6,800 Indirect materials (RM) Indirect labour (RM) Machine value (RM) Equipment value (RM) Floor area (sq ft) Motor vehicles value (RM) Maintenance hours Loan (RM) Machine hours Direct labour hours Direct labour cost (RM) 101,200 82,000 11,000 800 Cost centres Moulding Finishing 142,000 102,300 165,600 125,900 200,000 136,000 38,000 31,000 2,000 1,000 200,000 182,000 29,000 21,000 57,000 50,000 35,000 37,000 26,000 30,000 178,000 170,000 65,000 190,200 210,000 45,000 3,000 292,000 34,000 66,000 25,000 28,000 185,000 739,000 84,000 190,000 115,000 98,000 677,000 17,000 18,000 14,000 144,000 Required: a. Prepare an overhead analysis sheet showing the basis of apportionment made. (ALL answers must be rounded-up to the nearest RM) (20 marks) b. Compute an overhead absorption rate (OAR) based on the following basis: Cutting Department: Machine hours Moulding Department: Direct labour costs Finishing Department: Direct labour hours (ALL answers must be rounded-up to the nearest RM) (3 marks) C. State TWO (2) processes in preparing an overhead analysis sheet. (2 marks) (Total: 25 marks)