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please answer B Compute the activity-based overhead rates for each of the three cost pools. (Round answers to 2 decimal places, es. 0.38.) Determine the
please answer B Compute the activity-based overhead rates for each of the three cost pools. (Round answers to 2 decimal places, es. 0.38.) Determine the overhead cost assigned to each product line. Compute the operating income for each product line, using the activity-based overhead rates. Compute the activity-based overhead rates for each of the three cost pools. (Round answers to 2 decimal places, eg. 0.38.) a2) Your answer is cocrect. Determine the overhead cost assigned to each product line. Lily Creations sells window treatments (shades, blinds, and awnings) to both commercial and residential customers. The followirg information relates to its budgeted operations for the current year The controller, Pescy Kingman, is concerned about the residentiat product line She cannot understand why this bne is not more profitable given that the installations of window cover ings are less complex for residential customers, In addition, the residential client base resides in close provimity to the company office, so travel costs are not as expensive on a per client visit for residential customers. As a resulh, she has decided to bake 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
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