Exercise 4-14 al-a2, b (Video) (Part Level Submission) Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial and residential customers. The following information relates to its budgeted operations for the current year. Revenues Direct materials costs Direct labor costs Overhead costs Operating income (loss) Commercial Residential $328,000 $514,000 $45,000 $50,000 110,000 290,000 108,000 263,000 199,000 539,000 $65,000 $(25,000) The controller, Peggy Kingman, is concerned about the residential product line. She cannot understand why this line is not more profitable given that the installations of window coverings are less complex for residential customers. In addition, the residential client base resides in close proximity to the company office, so travel costs are not as expensive on a per client visit for residential customers. As a result, 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 pools and related information she developed: Estimated Overhead Activity Cost Pools Cost Drivers Hours of travel Scheduling and travel Setup time Supervision $108,000 119,000 80,000 Number of setups Direct labor cost Estimated Use of Cost Drivers per Product Commercial Residential 550 Scheduling and travel Setup time 800 450 250 (al) Compute the activity-based overhead rates for each of the three cost pools. (Round overhead rate for supervision to 2 decimal places, e.g. 0.38.) Overhead Rates Scheduling and travel per dollar A . Setup time per setup A Supervision per dollar to Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO: SIMILAR EXERCISE By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 0 of 3 used SAVE FOR LATER SUBMIT ANSWER (a2) The parts of this question must be completed in order. This part will be available when you complete the part above