2218_ACCT225_05 Question 2, S4-- Part 1 of 4 = Homework: Chapter 4 Homework (GRADED) C Aunt Edna Snacks produces different styles of sweet potato chips (ruffled, flat, thick-cut, gourmet) for different corporate customers. (Click the icon to view additional information) (Click the icon to view the additional information and data.) . Begin by determining the formula for calculating activity cost allocation rate, then calculate the rates for each activity. (Round th = Activity cost allocation rate 4-4 (similar ... Save > HW Score: 0%, 0 of 6 points O Points: 0 of 1 14 Compute the activity cost allocation rates for each activity assuming the following total estimated activity for the year. 15,000 preparation hours, 33,000 cooking and draining hours, and 6 million packages. and the rate to the nearest cent.) 1 More Info Each style of sweet potato chip requires different preparation time, different cooking and draining times (depending on desired fat content), and different packaging (single serving versus bulk). Therefore, Aunt Edna has decided to try ABC to better capture the manufacturing overhead costs incurred by each style of chip Print Done X Data Table Aunt Edna has identified the following activities related to yearly manufacturing overhead costs and cost drivers associated with producing sweet potato chips: Manufacturing Activity Overhead Preparation $ 630,000 Cooking and draining $ 924,000 Packaging ..... $ 420.000 --- Cost Driver Preparation time Cooking and draining time Units packaged . Print Done