Requirements 1. 2. 3. 4. 5. 6. 7. What is the traditional overhead rate based on the number of prescriptions? How much pharmacy overhead would be allocated to customer order number 1247 if traditional overhead allocation based on the number of prescriptions is used? How much pharmacy overhead would be allocated to customer order number 1248 if traditional overhead allocation based on the number of prescriptions is used? What are the following cost pool allocation rates: a. Pharmacy occupancy costs b. Packaging supplies c. Professional training and insurance costs How much would be allocated to customer order number 1247 if activity-based costing (ABC) is used to allocate the pharmacy overhead costs? How much would be allocated to customer order number 1248 if activity-based costing (ABC) is used to allocate the pharmacy overhead costs? Which allocation method (traditional or activity-based costing) would produce a more accurate product cost? Evolain your answer - Data table Cost Pools Pharmacy occupancy costs (utilities, rent, and other costs).. Packaging supplies (bottles, bags, and other packaging).. Professional training and insurance costs Total Annual Estimated Cost Total pharmacy overhead Data table Total Annual Estimated Cost Driver Cost Driver Activity 76,000 Technician hours 95,000 41,400 Number of prescriptions.. 23,000 154,000 Pharmacist hours 22,000 271,400 Technician Hours Number of Prescriptions Pharmacist Hours Customer Order Number 1247 Customer Order Number 1248 0.5 1.0 0.5 2.5