Aunt Dorothy 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) Compute the activity cost a location rates for each activity assuming the following total estimated activity for the year 25,000 preparation hours, 35,000 cooking and draining hours, and 8 million packages Begin by determining the formula for calculating activity cost allocation rate, then calculate the rules for each activity (Round the rate to the nearest cont.) Total manufacturing overhead Estimated total cost driver = Activity cost allocation rata Preparation per hour Aunt Dorothy has identified the following activities related to yearly manufacturing overhead costs and cont drivers associated with producing sweet potato chips Manufacturing Activity Overhead Cost Driver Preparation 575,000 Preparation time Cooking and draining $ 010.000 Cooking and draining time Packaging S 4B0.000 Units packaged 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 Dorothy has decided to try ABC to better capture the manufacturing overhead costs incurred by each style of chip Print Done