QUESTION ONE (20 Marks) Study the information given below and answer the following questions: INFORMATION Motsei Manufacturers has gathered the following information with the objective of departmentalising its manufacturing overheads. Departments Machining Assembly Administration Maintenance Direct labour hours 19 500 21 300 4 500 1 250 Machine hours 3 050 2 350 600 800 Number of employees 61 82 12 10 Value of machinery R93 000 R84 000 R12 000 R45 000 Floor area 3 900 m 3 300 m 600 m 300 m Materials usage R220 000 R85 000 R9 000 R36 000 The following are the budgeted manufacturing overheads for 2022: R Insurance: Buildings 648 000 Machinery 187 200 Cafeteria 282 150 Depreciation on machinery 702 000 Maintenance of buildings 567 000 Cost of inventory piling 278 600 Protective clothing 87 450 Heating of factory building 121 500 Indirect materials: Machining 43 860 Assembly 117 960 Administration 30 000 Maintenance 24 660 Secondary allocation: machine hours are used as a basis for the maintenance department and number of employees as the basis for the administration department. Product M spends 30 labour hours in the machining department and 18 labour hours in the assembly department. REQUIRED: 1.1 Prepare an overhead allocation statement showing the departmentalisation of the manufacturing overheads. (Note: the primary and secondary allocations must be clearly indicated) (12 Marks) 1.2 Calculate the allocation rate for each of the production departments, based on direct labour hours (round off answers to two decimal places). (4 Marks) 1.3 Calculate the overheads applied to Product M (round off amounts to two decimal places). (4 Marks