Sistas & Co. manufacture product A, at the rate of 80 pieces per hour. The company has been producing and selling 1,60,000 units annually, during the period 2007 to 2011 . However, during the year 2012 the company was able to produce 1,46,000 units only. The company's annual fixed overheads, for 2012 amounted to $5,84,000. The company works on single shift only at 8 hours per day and 6 days a week. The company had declared 13 holidays during the year 2012. The quarterly preventive maintenance and repairs work involved 77 hours. You are required to: (a) Calculate the maximum, practical, normal and actual capacities in 2012, in terms of hours (b) Compute the idle capacity and hourly rate for recovery of overhead rates for each of the capacities computed at (a) above () Prepare a statement showing the idle capacity cost assuming that the overhead rates of recovery are based on the various capacities arrived at (a) above