Rosehut Ollve Oll Company makes two grades of olive oil: standard and extra virgin. Rosehut has identified two activity pools, the related costs per pool, the cost driver for each pool, and the expected usage for each pool. Additional information about each grade of olive oll is as follows: Calculate the activity rate for each activity pool. Note: Round your answers to 2 decimal places. Complete this question by entering your answers in the tabs below. Using the activity rates, determine the total amount of overhead assigned to each product. Note: Round activity rates to 2 decimal places. Determine total manufacturing cost for each product. Calculate the gross profit for each product