Current Attempt in Progress Waterway Creations sells window treatments (shades, blinds, and awning) to both commercial and residential cistomers. The following information relates to its budgeted operations for the current year. The controller, Pegey Kingman isconcerned about the residential product line She cannot understand why this line is not more prohtable given that the installations of window coverings are less complec for reidential customers. In add tion, the residential clent baseresides in close proximity to the company office, so travel costs are not as ecpensive on a per client visit for residential customers. As a reenit, she has decided to take a closer look at the overhead costs assigned to the two product lines to determine whether a more accurate product costing model can be developed. Here are the three activity cost poo's and related information she developed: (a) Compute the activity-based overhead rates for each of the three cost pooh, { Round answers to 2 decimal places, c.5,0.38 ) Compute the activity-based overhesd fates for each of the three cost pools. (Round answers to 2 decimal places, es, 0,38. (a) Determine the overhead cost assiened to exch product line: (b) Compute the operating income for exch probuct ine, using the activity-based overhead rates