Ugly Australian Instructor Cosmetic Screening Limited uses direct labour-hours as the basis for allocating overhead on a plantwide basis. The company is considering the switching to a department basis of overhead allocation with the Cosmetic Department using cosmetic machine-hours and the Screening Department using screening machine hours. At the beginning of 2021, the company made the following estimates: Department Cosmetic Screening Direct General Labour Hours 85.000 35.00 Direct Cosmetic Machine-hours 106,000 98 Direct Screening Machine-hours 1,400 298,000 Total Fixed Indirect Material Overhead $689.000.00 $1,250,000.00 Total Fixed Indirect Labour and Manufacturing Overhead $425,000.00 $85,000.00 Variable Manufacturing Overhead per Direct General Labour $2.75 $2.75 Hour Variable Manufacturing Overhead per Cosmetic Machine- $5.25 $5.25 Hour Variable Manufacturing Overhead per Screening Machine- $8.50 $8.50 Hour Meanwhile, Nasty Mean Tasmanian Limited (a competitor of Ugly Australian Instructor Cosmetic Screening Limited) uses process-costing approach to manufacture its sole product - Terrible Bald Hair Wigs. To manufacture the wigs, each unit passes through two departments Kilograms 384,000 2.780,000 Materials $598,000 Labour $810,000 Overhead $488,000 Work-in-Progress, January 1 Kilograms started in process Kilograms transferred out Work-in-Progress, December 31 Cost added during 2021 2.974,000 190,000 $2.977,200 $1,660,000 $3,216,000 The beginning work-in-process inventory was 48% complete with respect to material, 65% with respect to labour and 31% in respect to overhead. The ending work-in-progress inventory was 64% complete with respect to materials. 81% complete with respect to labour and 37% in respects to overhead. Required: 1. Calculate the predetermined overhead rate for Ugly Australian Instructor Cosmetic Screening Limited for 2021 on a plantwide basis. [2 marks] 2. Calculate the predetermined overhead rate for the Cosmetic Department of Ugly Australian Instructor Cosmetic Screening Limited for 2021 on a department basis. [2 marks] 3. Assume Nasty Mean Tasmanian Limited uses the First-In, First-Out approach. Calculate the value of work-in-progress transferred in 2021 from the Grooming Department to the Spraying Department 13 Marks) 4. Assume Nasty Mean Tasmanian Limited uses the First-In, First-Out approach. Calculate the value of ending work-in-progress in 2021 in the Grooming Department. [3 Marks)