1-17 Calculating and Interpreting Activity-Based Costing Data ILO2. LO3 XERCISE 7-17 Calculat ane's Cookhouse is a popular restaurar anes rant has been trying to better understan to conduct an A hs been trying to better understand costs at the restaurant and has hired a student intern 1 nduct an ABC study. The intern in consultation with the owner identified three major popular restaurant located in a scenic setting. The owner of the restau- ies. The intern then completed the first-stage allocations of costs to the activity cost activities. The inte using data from last month's operations. The results appear below ols, using pools, usin ls, using dat Activity Cost Pool Serving a party of diners.Number of parties served Serving a diner Serving a drink.. Activity Measure Total Cost $12000 $26,000 Total Activity 5000 parties 12000 diners 10000 drinks ordered $90000 5000parties The above costs include all of the costs of the restaurant except for organization-sustaining costs such as rent, property taxes, and top-management salaries. A group of diners who ask to sit at the same table are counted as a party. Some costs, such as the costs of cleaning linen, are