Question: Problem #2 (10 marks) 10.0 points possible (graded, results hidden) ||DON'T include the dollar ($) symbol or any other symbols in the answer input boxes,

 Problem #2 (10 marks) 10.0 points possible (graded, results hidden) ||DON'Tinclude the dollar ($) symbol or any other symbols in the answerinput boxes, simply input numbers.|| HattimArTimtim Ltd. produces toys for children. During

Problem #2 (10 marks) 10.0 points possible (graded, results hidden) ||DON'T include the dollar ($) symbol or any other symbols in the answer input boxes, simply input numbers.|| HattimArTimtim Ltd. produces toys for children. During 2010, the company had the following departmental overheads, where admin and stores are service departments: --- Processing Department... --- Packaging Department. --- Stores Department.. --- Admin Department.... $43900 $35000 $11300 $15800 The following additional information is also given Details......... Processing ....... Packaging....... Stores ......... Admin Overheads of Stores......... 59% 28% 13% Overheads of Admin......... 41%............ 32% 27% ............ Labor hours... 5450 1080 X ........ Using the simultaneous equation method, after the distribution of the service departments' overheads to the production departments: [2 marks] (a) the total overheads of Processing will be $ [2 marks] (b) the total overheads of Packaging will be $ [2 marks] (c) The overhead rate of Processing department if labor hour is used as the basis will be $ per labor hour. [2 marks] (d) The overhead rate of Packaging department if labor hour is used as the basis will be $ per labor hour. [2 marks] (e) The total cost of a job which consumed $4450 and $2370 amount of direct materials and $1230 and $1700 amount of direct labor in the Processing and Packaging department respectively. The labor hours worked for the job in those two departments were 210 and 270 hours respectively

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