Data regarding the annual production of cashews and chestnuts follow. All raw materials purchased during the period are processed and all nuts produced are sold within the period. Using the current costing system, calculate the cost and selling price of one pound of cashews and one pound of chestnuts. (Round predetermined overhead rate to one decimal places, e.g. 25% and final answers to 2 decimal places, e.g. 15.25.) Calculate ABC rates