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I need help with part b*. Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial and residential customers. The following information relates

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I need help with part b*.

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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. Commercial Residential $298,000 $481,000 Revenues Direct materials costs $30,400 $50,500 Direct labor costs 312,500 112,700 Overhead costs 81,200 224,300 150,000 513,000 $73,700 $(32,000 Operating income (loss) 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: Activity Cost Pools Estimated overhead Cost Drivers Scheduling and travel $94,000 Hours of travel Setup time 64,200 Number of setups Supervision 73,000 Direct labor cost Expected Use of Cost Drivers per Product Commercial Residential Scheduling and travel 780 530 Setup time 450 200 *(a1) MY Our answer is correct. Compute the activity-based overhead rates for each of the three cost pools. (Round answers to 2 decimal places, e.g. 12.25.) Overhead Rates Scheduling and travel 1.76 Setup time $98.77 t7.17% Supervision Attempts: 1 of 3 used *(a2) MY Our answer is correct. Determine the overhead cost assigned to each product line. (Round answers to 0 decimal places, e.g. 1,575.) Commercial Residential Scheduling and travel $55972.80 $38032.80 Setup time $44446.50 $1975 Supervision 153656.25 $19316.25 Total cost assigned 119735.55 $111443.05

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