2. But Flair recently attended a seminar on activity-based costing and is considering using it at Pharmacare to analyze and allocate "other operating costs." 4(Click the icon to view the activities and relevant information.) The level of each activity in the three market segments and the total cost incurred for each activity in 2017 is as follows (Click the icon to view the activity level and cost information.) Pharmacare, Inc., a distributor of special pharmaceutical products, operates at capacity and ha:s 1 segments. Rick Flair, the new controller of Pharmacare, reported the following data for 2017: 2 (Click the icon to view the data.) For many years, Pharmacare has used gross margin percentage3 to evaluate the relative profitability of its market segments Read the requirements Requirement 1. Compute the 2017 gross-margin percentage for each of Pharmacare's three market segments. (Enter the percentage to the nearest hundredth percent. X.XX%.) Gross margin percentage Gross margin percentage Supermarket Chains Gross margin percentage Drugstore Chains Gross margin percentage - Mom-and-pop Stores Requirement 2. Compute the cost driver rates for each of the five activity areas. (Round activity rates to three decimal places, X.XXX.) Activity Rate Order processing Line-item processing Delivering to store Cartons shipped to store - Stocking of store shelves = Requirement 3. Use the activity-based costing information to allocate the $295,875 of "other operating costs" to each of the market segments. Compute the operating income (loss) for each market segment. Allocate the $295,875 of "other operating costs" to each of the market segments. (Use activity rates to three decimal places General Supermarket Mom-and-Pop Single Stores Drugstore Chains Chains Total costs Compute the operating income for each market segment. (Use parentheses or a minus sign when entering operating losses.) Pharmacare 2017 General Supermarket Drugstore Mom-and-Pop Chains Chains Single Stores Operating income (loss)