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Rosehut Olive Oil Company makes two grades of ollve oil: standard and extra virgin. Rosehut has identified two activity pools, the elated costs per pool,

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Rosehut Olive Oil Company makes two grades of ollve oil: standard and extra virgin. Rosehut has identified two activity pools, the elated costs per pool, the cost driver for eoch pool, and the expected usage for each pool. Additional information about each grade of olive oil is as follows: Required: 1. Calculate the activity rate for each activity pool. 2. Using the activity rates, determine the total amount of overheod assigned to each product. 3. Determine total manulecturing cost for each product 4. Colculne the gross profit for each product

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