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Please help with accounting! Thanks :) Shady Lady sells window covings (shades, blinds, and awnings) to both commercial and residential customers. The following information relates

Please help with accounting! Thanks :) image text in transcribed
Shady Lady sells window covings (shades, blinds, and awnings) to both commercial and residential customers. The following information relates to its budgeted operations for the current year. The controller, Peggy Kingman, is concerned about the residential product The. 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 residenbai dient base resides in close proximity to the company office, so travel costs are not as expensive on a per dient visit for residential customers. As a result, she has decided to take a doser 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: Compute the activity-based overhead rates for each of the three cost pools. (Round answers to 2 decimal places, e.g. $12.25.) Determine the overhead cost assigned to each product line. (Round Overhead Rate to 2 decimal places, 15.25 and final answers to 0 decimal places, e.g. $2,512.) Compute the operating income for each product line, using the activity-based overhead rates. (Round answers to 0 decimal places, e.g. $2,512.)

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