Exercise 7-3 (Algo) Compute Activity Rates [LO7-3] Green Thumb Gardening is o small gardening service that uses activity-based costing to estimate costs for pricing and other purposes. The proprietor of the company believes that costs are driven primarily by the size of customer lawns, the size of customer garden beds, the distance to trovel to customers, and the number of customers, In addition, the costs of maintaining gorden beds depends an whether the beds are low maintenance beds (mainly ordinary trees and shrubs) or high maintenance beds (mainly flowers and exotic plants). Accordingly, the company uses the five activity cost pools listed below: The company already has completed its first stage allocations of costs and has summarized its annual costs and activity os follows: Required: Compute the activity rate for each of the activity cost pools. (Round your answers to 2 decimal places.) Exercise 7-4 (Algo) Second-Stage Allocation [LO7-4] Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity data hove been supplied for the following two products: Required: How much total overhead cost would be assigned to K425 and M67 using the activity-based costing system