This question: 1 pts possible Hexford Lid offers a complete interior design service for homes owned by wealthy individuals. The business has the following estimates for next month (Click here to view the estimate) The business has received an enquiry about the interior design of a kitchen. It is estimated that it will take 120 direct labour hours to design and fit. It will also require materials costing 30,000 The business normally uses a direct labour hour basis of charging indirect cost (overheads) to individual jobs 1. What will be the direct cost of designing and fitting the kitchen? 2 What is the overhead recovery rate per hour? 3. What will be the full (absorption) cost of designing and fitting the kitchen? All calculations to nearest pence Data table The direct cost of designing and fitting the kitchen = The overhead recovery rate per hour = The full (absorption) cost of designing and fitting the kitchen=f) Direct labour cost 180,000 Direct labour time 12,000 hours Rent 22,000 Depreciation of equipment 5,000 Supervisors' salaries 22.000 Heating, lighting and power $11,000 Indirect materials 6,000 Other miscellaneous indirect cost elements (overheads) 1,000 Direct materials cost 62,000