Instructions: Answer any THREE (3) questions from this section. Question 1 A factory has three production departments - Preparation, Assembly and Finishing together with two service departments - Maintenance and Material handling. The budgeted information for the year 2010 is as follows: The service department costs should be reapportioned to the production department as follows: The wages relating to the preparation department are overhead costs. In the Assembly and Finishing department the wage rate is $2.10 per hour. The administration and selling overheads are to be absorbed in the job cost at 20% of production cost. Distribution should be added to each job according to quotes from outside carriage companies. The company wishes to quote for job \#482. The following information is available for job \#482: REQUIRED: Calculate the total cost and quotation price for job #482 where a profit margin of 25% on selling price is applied