The production department of R Ltd$.$ has four separate processes$/$departments$.$ The budget for the

year ended ${30}^{th}$ June $2024$ shows the following information.

Overheads

$(1)$ Employer's liability Insurance No of hrloses $8,000,368000$

$(2)$ Rent and Rates ara in Sq$.$ hetres $,40,000$

$(3)$ Building Insurance the a $24,000$

$4$ight and Heat malmile wromy hovs $60,000-$

$(5)$ Supervision of employees $N$@ of employeen $80,000$

$(6)$ Insurance of machinery value of machives $,30,000$

Depreciation of machinery value $,14,000$

The following information is also available:

Production Groups

The product $"$LYT$"$ has a raw material cost of $300$ and is sold at a mark$-$up of $35\%$ and requires

production in each process $/$ group as follows:

A $-5$ hours

B $,-4$ hours

C $-6$ hours

D $-3$ hours

Direct Labour is paid within each production group as follows:

A $-lon20$ per hour

B $-lon12$ per hour

C $,-15$ per hour

D $-lon17$ per hour

You are required to:

$($a$)$ Calculate a machine hour overhead absorption rate for each production group.

$($b$)$ Calculate the overhead that will be absorbed by one unit of $"$LYT$".$

$($c$)$ Calculate the selling price of the product $"$LYT$".$