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2. Please help! Rosehut Olive Oil Company makes two grades of olive oil: standard and extra virgin. Rosehut has identified two octivity cost pools, the
2. Please help! Rosehut Olive Oil Company makes two grades of olive oil: standard and extra virgin. Rosehut has identified two octivity cost pools, the related costs per pool, the cost driver for each pool, and the expected usage for each pool, Additional information about each grade of olive onl is as follows: Required: 1. Calculate the activity rate for each cost pool. 2. Using the activity rates, determine the total amount of overhead assigned to each product. 3. Determine total manufacturing cost for each product. 4. Calculate the gross profit for each product. Complete this question by entering your answers in the tabs below. Required: 1. Calculate the activity rate for each cost pool. 2. Using the activity rates, determine the total amount of overhead assigned to each product. 3. Determine total manufacturing cost for each product. 4. Calculate the gross profit for each product. Complete this question by entering your answers in the tabs below. Calculate the activity rate for each cost pool. (Round your answers to 2 decimal places.) Required: 1. Calculate the activity rate for each cost pool. 2. Using the activity rates, determine the total amount of overhead assigned to each product. 3. Determine total manufacturing cost for each product. 4. Calculate the gross profit for each product. Complete this question by entering your answers in the tabs below. Using the activity rates, determine the total amount of overhead assigned to each product. (Round activity rates to 2 decin places.) Required: 1. Calculate the activity rate for each cost pool. 2. Using the activity rates, determine the total amount of overhead assigned to each product. 3. Determine total manufacturing cost for each product. 4. Calculate the gross profit for each product. Complete this question by entering your answers in the tabs below. Determine total manufacturing cost for each product. Required: 1. Calculate the activity rate for each cost pool. 2. Using the activity rates, determine the total amount of overhead assigned to each product. 3. Determine total manufacturing cost for each product. 4. Calculate the gross profit for each product. Complete this question by entering your answers in the tabs below. Calculate the gross profit for each product
2. Please help!
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