information relates to its budgeted operations for the current year. The controller, Pegsy Kingman, is concerned about the residential product line. She cannot understand why this line is not more proftable 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 ret idential 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: \begin{tabular}{lccc} Activity Cost Pools & Estimated Overhead & & Cost Drivers \\ \cline { 1 - 2 } Scheduling and travel & $75,000 & & Hours of travel \\ Setup time & 84,000 & Number of setups \\ Supervision & 40,000 & Direct labor cost \end{tabular} Estimated Use of Cost Drivers per Product \begin{tabular}{lcc} \hline & Commercial & Residential \\ \hline Scheduling and travel & 700 & 550 \\ Setup time & 350 & 250 \end{tabular} Compute the activity-based overhead rates for each of the three cost pools. Determine the overhead cost assigned to each product line