All products at Luke Corp are allocated a pertion of corporate overhead conas, which is computed as a percent of product revenue. The perceatage rate is based on the level of eorporate costs as a percentage of reveroes. Data ci corporste conts and revenues for the past wo yeas were stated as: Using the daa in the table apply the hagh low method (based on revenues) to determine the variable corporate ovechead costs per aales dollar Round to the nearest 0001 Type your answer 10 points Luke Cosp. caleniates its product maargies including a abare of copporme costs Ope product. Bubbe, currently selli for $8.50 per case In the most recent year 233 million caice were sold vopgeat that corporate cots have a variablo component equal to 5% of tevenues and an annual fixed coraponent of $4,860,000 What would be your estumate of the corporate costs taat dould be allocated to Bubbs uring this altematwe approacb? You ahould assume that 1296 of corporate fixed costs are allocated to Bubbs