SECTION B: ANSWER ANY THREE OUT OF FOUR QUESTIONS ( 25 marks per question) QUESTION 2 (25 marks) Cheetah Ltd makes wooden furniture, has the following information about its two cost centres: Job SL457 has been received as follows: 2a) Discuss TWO reasons for why companies use cost centres ( 6 marks) 2b) Calculate an Overhead Absorption Rate for the Production Cost Centre AND the Assembly Cost Centre. (4 marks) 2c) Calculate for Job SL457 the following: i) the PRIME COST (4 marks) ii) the FULL COST (4 marks) iii) the SELLING PRICE (1 marks) 2d) Cheetah Ltd will have to purchase a new machine to complete job S457. Discuss TWO NON-FINANCIAL consider the view point of: i) Existing staff (3 marks) ii) Internal processes of the company