Question 3 The following information relates to Bookdon Plc. A small jobbing company, for the coming year. The business has two production departments, Department X and Department Y, and one service department, department S. Production Dept.X production service Dept.Y Dept.S costs allocated Per department Service cost allocated Machine hours Labour hours 16,000 8.000 12,000 75% 800 hours 25% 500 hours details of a customer's job no. 350 are as follows The Direct materials Direct labour Hours in Dept X Hours in Dept Y : 4,200 1,500 12 hours 4 hours You are required to (a) Apportion/divide the costs of service department S between department X and Department Y. (20 marks) (b) Calculate the overhead absorption rate for department X using machine hours. (20 marks) (c) Calculate the overhead absorption rate for department Y using labour hours. (20 marks) (d) Calculate the cost of job no.350. (30 marks) (e) Calculate the selling price ofjob no. 350 if the mark-up is 25% of cost. (10marks)