Question No. 04 (A) What are different classifications of cost according to cost behavior and decision making? (03) (B) (03) The Junaid Company estimated its factory overhead for the next period at Rs. 160,000. It is estimated that 40,000 units will be produced at a materials cost of Rs. 200,000. Production will require 40,000 direct labour hours at an estimated directed labour cost of Rs.80,000. The machines will run about 25,000 hours. Required: The factory overhead rate that may be used in applying factory overhead to production on each of the following bases 1. Materials cost 2. Direct labour hours 3. Machine Hours