need help with part b1 please!!

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 assignment of overhead. The tax partners argue for assigning overhead on the basis of 40% of direct labor dollars, while the audit partners argue for implementing activity-based costing. The partners agree to use next year's budgeted data for purposes of analysis and comparison. The following overhead data are collected to develop the comparison. Use of Cost Drivers per Service Estimated Use of Cost Drivers Cost Drivers Estimated Overhead Audit Tax $702,500 $221,100 $1.842,500 $1,140,000 Activity Cost Pools Employee training Typing and secretarial Computing Facility rental 76,900 2,500 800 1.700 Direct labor dollars Number of reports/forms Number of minutes Number of employees 213,000 60,000 27,000 33.000 145,000 40 22 18 Travel 81.000 Per expense reports Trace directly 56,000 25,300 $737,000 (a) Your answer is correct Using traditional product costing as proposed by the tax partners, compute the total overhead cost assigned to both services (audit and tax) of Lewis and Stark. Audit Tax Total overhead cost assigned $ 456000 281000 eTextbook and Media Attempts: 1 of 5 used (61) Using activity-based costing, prepare a schedule showing the computations of the activity-based overhead rates (per cost driver). (Hint: As a result of breaking out travel costs as a separate cost pool, travel costs can now be traced directly to services provided. Thus, an overhead rate is not needed.) (Round overhead rates to 2 decimal places, eg. 12.25.) Estimated Overhead Expected Use of Cost Drivers per Activity Activity-Basec Overhead Rate Activity Cost Pools Employee training Typing and secretarial $ Direct labor dollars $ Reports/forms $ Computing Minutes $ Facility rental Employees $ Travel Direct Direct