i would like to get the processs to do each steps with formulas if possible

Ted Martin, the administrator of Cook Community Hospital, has become interested in obtaining more accurate cost allocations on the basis of cause and effect. The $249,600 of laundry costs had been allocated on the basis of 640,000 pounds processed for all departments, or $0.39 per pound. Martin is concerned that government health care officials will require weighted statistics to be used for cost allocation. He asks you, "Please develop a revised base for allocating laundry costs. It should be better than our present base, but it should not be overly complex either." You study the situation and find that the laundry processes a large volume of uniforms for student nurses and physicians and for dietary, housekeeping, and other personnel. In particular, the coats or jackets worn by personnel in the radiology department take an unusual amount of handwork. A special study of laundry for radiology revealed that 7,100 of the 21,000 pounds were jackets and coats that were four times as expensive to process as regular laundry items. Several reasons explained the difference, but it was principally because of handwork involved. Assume that no special requirements were needed in departments other than radiology. Requirement 1. Revise the cost-allocation base to take into account that jackets in the radiology department used four times as much of the laundry resources as regular laundry items and compute the new cost-allocation rate. Begin by identifying the new allocation base. The cost driver to be used as a cost allocation base should be Compute the new cost-allocation rate. First, identify the revised cost allocation formula then compute the new cost-allocation rate. (Round your answer to three decimal places.) Requirement 2. Compute the total cost charged to radiology using pounds and using the new base. Begin by computing the total cost charged to radiology using pounds. First enter the formula, then compute the total cost. (Enter the cost per pound to the nearest cent, "X.XX", and round your final answer to the nearest whole dollar.) Requirement 2. Compute the total cost charged to radiology using pounds and using the new base. Begin by computing the total cost charged to radiology using pounds. First enter the formula, then compute the total cost. (Enter the cost per pound to the nearest cent, "X.XX", and round your final answer to the nearest whole dollar.) Compute the total cost charged to radiology using the new base. First enter the formula, then compute the total cost. (Enter amounts in the formula to three decimal places, and round your answer to the nearest whole dollar.) Ted Martin, the administrator of Cook Community Hospital, has become interested in obtaining more accurate cost allocations on the basis of cause and effect. The $249,600 of laundry costs had been allocated on the basis of 640,000 pounds processed for all departments, or $0.39 per pound. Martin is concerned that government health care officials will require weighted statistics to be used for cost allocation. He asks you, "Please develop a revised base for allocating laundry costs. It should be better than our present base, but it should not be overly complex either." You study the situation and find that the laundry processes a large volume of uniforms for student nurses and physicians and for dietary, housekeeping, and other personnel. In particular, the coats or jackets worn by personnel in the radiology department take an unusual amount of handwork. A special study of laundry for radiology revealed that 7,100 of the 21,000 pounds were jackets and coats that were four times as expensive to process as regular laundry items. Several reasons explained the difference, but it was principally because of handwork involved. Assume that no special requirements were needed in departments other than radiology. Requirement 1. Revise the cost-allocation base to take into account that jackets in the radiology department used four times as much of the laundry resources as regular laundry items and compute the new cost-allocation rate. Begin by identifying the new allocation base. The cost driver to be used as a cost allocation base should be Compute the new cost-allocation rate. First, identify the revised cost allocation formula then compute the new cost-allocation rate. (Round your answer to three decimal places.) Requirement 2. Compute the total cost charged to radiology using pounds and using the new base. Begin by computing the total cost charged to radiology using pounds. First enter the formula, then compute the total cost. (Enter the cost per pound to the nearest cent, "X.XX", and round your final answer to the nearest whole dollar.) Requirement 2. Compute the total cost charged to radiology using pounds and using the new base. Begin by computing the total cost charged to radiology using pounds. First enter the formula, then compute the total cost. (Enter the cost per pound to the nearest cent, "X.XX", and round your final answer to the nearest whole dollar.) Compute the total cost charged to radiology using the new base. First enter the formula, then compute the total cost. (Enter amounts in the formula to three decimal places, and round your answer to the nearest whole dollar.)