Q3. Pieman Product Ltd makes road trailers to the precise specifications of individual customers. The followings are predicted to occur during the forthcoming years, which is about to start Direct material cost Direct labour cost Direct labour time Indirect labour cos Depreciation of machine Rent and rates Heating, lighting and power Indirect material Other indirect cost Machine time 50,000 160,000 16,000 hours 25,000 8,000 10,000 5,000 2,000 1,000 3,000 hours All direct labour is paid at the same hourly rate A customer has asked the business to build a trailer for transporting a racing motorcycle to races. I is estimated that this will require materials and components that will cost 1,150. It will take 250 direct labour hours to do the job, of which 50 will involve the use of machinery Required: Deduce a logical cost for the job, and explain the basis of dealing with overheads that propose