Question: Can i plase get some quick assistance with this question? ill upvote for any swift response. Thanks! Holland Avenue Limited (HAL) is a company that
Holland Avenue Limited (HAL) is a company that manufactures a product POR4U. The product passes through two departments: refining and assembly. The company also has two service cost centers: stores and maintenance. Based on the nature of the entity, stores issue material to maintenance and maintenance provides service to store. The following overheads were calculated (after allocation and apportionment) for the production and service departments: Departments Refining Assembly Stores Maintenance Total overhead $110,000,000.00 $ 112,500,000.00 $34.750.000.00$22.750,000.00 The following boses below were presented by the production manager: Maintenance Total Basis Refining Maintenance hours 50,000 Number of requisitions 5.000 Machine hours 5.000.000 Labour hours 1.000.000 Assembly Stores 30,000 20,000 4.000 100.000 1.000 10,000 1.000.000 6.000.000 5.000.000 4.000.000 Required: Calculate the OAR for refining and assembly. Use simultaneous equation to do the reapportionment. [20 marks)
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