answer Question a,b, and C

Andreas owns a business manufacturing bicycles. The business operates two production departments, Machining and Assembly, and two service departments, Stores and Maintenance.

The following information is available for one bicycle.

Direct materials $45.60

Direct labour: Machining ($10 per hour):30 minutes

Direct labour: Assembly ($12 per hour) :105 minutes

Machine hours: Machining: 20 minutes

Machine hours: Assembly:15 minutes

Total budgeted overheads for the year ended 31 August 2023 are as follows:

Indirect wages $ 420000

Factory rent and rates 30000

Machine overheads 22000

The following information is also available.

	Production departments	Production departments	Service departments	Service departments
	Machining	Assembly	Stores	Maintenance
Floor space (square metres)	4000	5600	1800	600
Number of orders from stores	2100	1600		500
Maintenance call outs	210	40
Budgeted direct labour hours	22200	77700
Budgeted machine hours	34300	25700
Number of indirect employees	4	12	2	2

Machine overheads are apportioned on the basis of machine hours.

(a)Complete the table to show the apportionment of the budgeted overheads for the year ended 31 August 2023.

		Production departments	Production departments	Service departments	Service departments
	total	Machining	Assembly	Stores	Maintenance
Indirect wages	420000
Factory rent and rates	30000
Maintenance overheads	22000
Total overheads	472000
Apportion stores
Subtotal
Apportion maintenance
Total overhead costs

departments, a business manufacturing bicycles. The business operates two production departments, Machining and Assembly, and two service departments, Stores and Maintenance. The following information is available for one bicycle. Total budgeted overheads for the year ended 31 August 2023 are as follows: The following information is also available. Machine overheads are apportioned on the basis of machine hours. (a) Complete the table to show the apportionment of the budgeted overheads for the year ended 31 August 2023. [0] (b) Calculate, to two decimal places, an overhead absorption rate for each production department, using a suitable basis. The actual results for the year ended 31 August 2023 were as follows: (c) Calculate the over-absorption or under-absorption of overheads for each production department