The product design and development team at CGH Manufacturing Enterprises Fas completed the development of a prototype of a product to be manufactured during the forthcoming quarter. The prototype passed through the three production departments-A, B, and C. The following budgeted information on the prototypes available: The following information relates to the prototype Direct material requisitioned Direct material returned to store R97 470.43 R1 396.00 Direct labour recorded against the prototype: 146 hours at R48.00 per hour Production department A Production department B Production department.C 39 hours at R57.00 per hour 279 hours at R61.00 per hour A special machine was hired for the production of the prototype at a cost of R590.00 Machine hours recorded against the prototype Production department A Production department B Production department C 411 hours 657 hours 502 hours Price quoted for the prototype, including delivery R172 000 CGH Manufacturing Enterprises absorbs non production overhead using the following pre-determined overhead absorption rates Administration and general overhead Selling and distribution overhead REQUIRED: 10% of production costs 12% of selling price The product design and development team is convinced that the manufacturing and non-manufacturing costs of the prototype are unlikely to be significantly different from those of the product. Therefore, present an analysis of the total cost and profit or loss attributable to a unit of the product.