The Pegasus Printing Company Data: Number of Direct Employees Area m Direct Labour hours Machine hours Cost of Equipment () Ratio of Power Usage Direct Materials () Direct Labour () Required: 1. 2. 3. Indirect Materials Indirect Labour Rent and Rates Manager's Salary Secretary's Salary Power Equipment Depreciation Building Insurance Total Absorption Rates Typing Department 6 1,000 9,000 5,000 100,000 1 10,000 60,000 Carry out an overhead analysis and calculate production overhead absorption rates for each department. The layout and some data is given below: Overhead Analysis Statement (s) Description Direct Materials Direct Labour (hours) Machine hours Basis Total Type Set 50 50 10 Printing Department 10 5,000 16,000 40,000 150,000 15,000 14,000 7,000 5,000 25,000 500 9 80,000 80,000 Type Set 1,000 1,000 Prepare a quotation for a job which is to produce 2,000 copies of a town guide, from the following information, assuming the company uses a 20% mark up on total cost: Printing 1,000 4,000 Printing 15p per copy 60 200 How does the quotation change if you change some of your assumptions in the calculation of the absorption rates?