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please help me out on what I missed in red the supervision % etc. Question 4 of 4 0.64/1 Venus Creations sells window treatments (shades,

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please help me out on what I missed in red the supervision % etc.

Question 4 of 4 0.64/1 Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial and residential customers. The following information relates to its budgeted operations for the current year, Revenues Direct materials costs Direct labor costs Overhead costs Operating income (loss) Commercial $297,200 $30,100 111,600 89,400 231,100 $66,100 Residential $485.000 $49,500 290,500 149,000 489,000 $14,000) The controller, Peggy Kingman, is concerned about the residential product line. She cannot understand why this line is not more profitable 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 residential 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: Activity Cost Pools Estimated Overhead $87.500 Cost Drivers Scheduling and travel Hours of travel Question 4 of 4 0.64/1 whether a more accurate product costing model can be developed. Here are the three activity cost pools and related information she developed Activity Cost Pools Cost Drivers Scheduling and travel Setup time Supervision Estimated Overhead $87.500 97,400 53,500 Hours of travel Number of setups Direct labor cost Expected Use of Cost Drivers per Product Commercial Residential Scheduling and travel 980 520 Setup time 230 Your answer is partially correct. Compute the activity based overhead rates for each of the three cost pools (Round answers to 2 decimal places eg. 12.25 ho Question 4 of 4 0.64/1 III Your answer is partially correct Determine the overhead cost assigned to each product line. (Round answers to 0 decimal places, cs 1,575) Commercial Residential Scheduling and travel 5 57.163 $ 30.332 Setup time S 63.963 $ 33-435 Supervision $ 13.431 S 40.060 Total cost assigned 5 134,557 S 103827 Textbook and Media Question 4 of 4 0.64/1 - Your answer is partially correct. Compute the operating income for each product line using the activity based overhead rates. (Round answers to decimal places 1.5750 Operating income loss) 5 20.943 5 eTextbook and Media

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