Lewis and Stark is a public, accounting firm that offers two primary services, auditing and tax return preparation. A controversy has developed between the partners of the two service lines as to who is contributing the greater amount to the bottom line. The area of contention is the assement of overhead. The taxpartners argue for assigning overhead on the basis of 40% of direct labor dollars While the audit partners are for implementing activity based costing the partners are to use next year's budgeted data for purposes of analysis and comparison. The following verhead data are collected to develop the comparison Estimated Use of Cost Drivers per Service Activity Cost Pool Cost Drivers Estimated Overhead Audit $1.153.000 Direct lobordo Number of portform S4300 Estimated Use of Cost Drivers 31.037.00 2.500 0.000 $220.500 76,300 210.000 Emplete Typiscretarial Conti Facilitet That 800 1700 27.000 1000 Numer Number of emplo 11.000 10 5735.000 Using activity based costing, prepare a schedule showing the computations of the activity based overhead rates (per cost driver). (Round overhead rates to 2 decimal places, c.9. 12.25.) Activity Cost Pools Estimated Overhead Expected Use of Cost Drivers per Activity Activity-Ba Overhead R Direct labor dollars Employee training Typing and Secretarial Reports/forms 5 Minutes 5 Computing Facility rental Employees 5 Direct Travel Direct $ Activity-Based Overhead Rates ta $ per DL dollar $ per report/form $ per minute $ per employee Direct