You have been asked to determine the labour and overhead costs for the Small, Medium and Pump Naturisan bottles using the original costing approach (as outlined by Peita), which resulted in the Small, Medium and Pump bottle unit costs for P&B Natural Co, in Figure 3. Show all calculations.

Figure 1: Budgeted Labour and Overhead Costs for 2023 Labour Managers S 2,900,000 Production Employees 5,000,000 Total Labour Costs S 8,900,000 Depreciation 1,250,000 Adminstrative Overhead Accounting & Finance 440,000 Administration Support 805,000 Buildings 521,000 Purchasing 464,000 Total Administrative Overhead 2,230,000 Utilities 710,000 Research & Development 550,000 Insurance 220,000 IT & Engineering 650,000 Council Rates 235,000 Other 240,000 $ 14,985,000 Figure 2: Additional Annual Budgeted 2023 Data Small Medium Pump Total Machine Hours 147,000 1,592,500 710,500 Total Direct Labour Hours 67,500 945,000 337,500 Total Production Volume (no. of bottles) 375,000 8,375,000 3,750,000 Figure 3: Comparison of Labour & Overhead Costs per Bottle of Naturisan Small Medium Pump P&B Natural Co 1.77 $ 1.23 $ 1.08 Little Medium Large Greenmore S 3.30 $ 1.10 $ 1.12 (Major Competitor) Small Medium Pump Equivalent Equivalent Equivalent Industry Average $ 3.20 $ 1.05 $ 1.20