Generic Motors Corporation has two product lines, A and its revenue and costs for last year is as follows: Product A Product B Total sales volume (units) 1 300 1450 Revenue $12,000 $60,000 $72,000 Costs: direct materials $2,400 $12,000 $14,400 direct labor $5,000 $24,000 $30,000 OM costs $23,400 Profit $4,200 Generic Motors uses ABC to allocate the overhead costs. It examined the main activities in the firm, and decided to break up the total overhead costs of $23,400 into 3 cost pools: -labor-related" the total cost in this pool is $6,000, allocated based on direct labor dollars sales-related the total cost in this pool is $5,400, allocated based on number of units "production setups - the total cost in this pool is $12,000, allocated based on the number of production setups. Product A requires 15 setups. Product Brequires is 60 setups. Required: have to compute the number of a) for each cost pool, compute the activity rate and the amounts allocated to product A and product (Hint: The amounts allocated to A and B from each pool should add up to the total cost in that pool to allocate the costs in the production setups pool, you batches. If the total number of batches for A and a does not add up to 75, you are doing something wrong). labor-related" pool: activity rates per DLS Laber-related OH costs allocated to A-$ Labor related OH costs located to - sales related pool activity rates per unit Sales-related OH costs allocated to A S Sales related OH costs located to $ - "production setups" pool activity rate $ per setup Production setups OH costs allocated to A $ Production setups OH costs allocated to $ b) using the allocated on costs from (a), compute the profit margin for product A and product If you get a negative number, enter it with a minus syn, enter negative $100 100 profit margin for A- 100