I NEED HELP FOR THIS !! IT'S URGENT !!

TASK 1 (A) What is a Prime Cost? Explain (3 marks) (B) RLG VOSTECK PLC manufactures supermarket trolleys in three production departments: Manufacturing, Finishing, and Packaging. RLG VOSTECK PLC also has three service departments: Quality Control, Stores and Maintenance. The company uses absorption costing system to analyse product costs and you have been supplied with the following information in relation to the production departments as indicated in Table 1 below: Table 1 Finishing 10 55 000 Base Number of employees Machinery value (Es) Factory area (square metres) Factory volume (cubic metres) Water usage (litres) Machine hours Manufacturing 12 85,000 205 22,000 12,000 80,000 240 Packaging 15 60.000 310 41,000 10,000 22,000 Total 37 200 000 755 103,000 36,000 155,000 40.000 14,000 53.000 (B1) RLG VOSTECK PLC estimates to spend 70,000 for heating the factory during the year 2021, calculate the heating cost that should be allocated to each of the three production departments (5 marks) The following additional information has been supplied in Tables 2 and 3 respectively: Table 2 Manufacturing Finishing Packaging Maintenance Stores Quality control Annual overheads 3,400,000 2,500,000 1,700,000 800,000 650,000 700,000 Table 3: % Usage of service departments Manufacturing Finishing Packaging Maintenance Stores Quality control Maintenance 40% 25% 25% 0% 10% Stores 30% 20% Quality control 50% 30% 20% 0% 0% 0% 30% 20% 0% 0% 0% (B2) Using the information provided in the tables above about the annual overheads and usage of each service by the production and other service departments, and if the overheads allocated to the three service departments are reallocated to the three production departments on me basis of usage, reallocate the service overheads to determine the total overheads after reallocation for each of the three production departments. 122 marks