The following information has been taken from the budget for the forthcoming financial year: Direct materials cost 1495,000 Direct materials usage 65,000kg Direct labour cost ES60.000 Direct labour time 32,000 hrs Maintenance 340,000 Depreciation 260,000 Rent 400,000 Indirect Materials 56,000 Indirect Labour 84,000 Other indirect costs 186,000 Machine time 12.000 hrs All direct labour is paid the same hourly rate. Currently. Orion Ltd has Project X which has the following cost Raw materials 4.200 kg Direct labour hours 1,350 hours Machine hours 350 hours Required: A Calculate overhead absorption rate (OAR) using direct labour and machine hour basis (1 mark). B. B. Prepare full costing for Project X separately using machine hour basis as well as direct labour hour basis in the allocation of total overheads (3 marks).