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Scenario - Part 3 Borg \\& Camilleri Ltd is a manufacturing company specializing in the...

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Finance

image Scenario - Part 3 Borg \\& Camilleri Ltd is a manufacturing company specializing in the production and sales of road trailers custom-made to specifications according to the needs of the client. The following are the forecasted costs for 2019 presented by the DOMAIN ACADEMY E 03/07/2023 MBAUDBA1_2S1 \\( \\mathrm{v} 203072023 \\) Page 5 of 10 Unit 8: Financial Principles and Techniques for the Strategic ManagerAssignment 1 of 2 - Sit 1 Machine time: 2,900 hours Direct labour is paid at the same hourly rate A client has asked Borg \\& Camilleri Ltd to build a trailer for transporting vehicles. It is estimated that the trailer requires material and components that will cost \\( 2,700 \\) and it will take 350 direct labour hours to do the job of which 40 hours will involve the use of machinery. Required: a) Determine the cost for the job and explain the basis of dealing with overheads that you propose. b) Explain the relevance, importance and advantages of Activity Based Costing methods and also highlight the criticisms of \\( A B C \\). (1,000 WORDS)

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