Question Two Kowa Ple manufactures 3 products in two production departments, Machine shop and Fitting section. It also has two service departments, a Canteen and a Machine maintenance section. Below are production and manufacturing data for the 3 products: Product X Product Y Product Z Production 4,200 units 6,900 units 1,700 units Direct materials (per unit) 11 14 17 Labour: Machine shop (per unit) 12 2 12 Labour: Fitting section (N per unit) 21 3 4 3 Machine hours per unit (Hours per unit) 4 2.1 Overheads Machine shop Fitting Canteen Maintenance Book value of equipment N150,000 N75,000 N30,000 N45.000 No. of employees 18 14 3,600 1.400 1.000 800 Floor space (m) Allocated overheads N27,660 N19,470 N16,600 N26,650 Other overheads include: Rent and rates N10,000 Heat and light N7,000 Insurance N5,000 Depreciation N20,000 Maintenance section overheads are apportioned 70% and 30% to Machine shop and Fitting section respectively. Required: a) Prepare a statement showing the apportionment of overheads b) Calculate the overhead absorption rates to products for total Machine shop overheads and Fitting section overhead using number of units produced