Save Homework: MidPoint Lab: Cost Analysis - Real World Applicati Score: 0 of 50 pts HW Score: 0%, 0 of 100 pts 1 of 2 (0 complete) Question Help TIATC19-1 (book/static) PetSmart, Inc. is a large specialty pet retailer of services and solutions for the needs of pets. In addition to selling pet food and pet products, PetSmart also offers dog grooming services including bath, nail trim, teeth brushing, aromatherapy to reduce everyday stress, and nail polish and stickers. PetSmart even offers a Top Dog service that includes a premium shampoo, milk bath conditioner, scented cologne spritz, teeth brushing, and bandana or bow. Assume PetSmart, Inc. expects to incur $380,000 of indirect costs this year. The company allocates indirect costs based on the following activities: (Click the icon to view the data.) Read the requirements. Requirement 1. Calculate the predetermined overhead allocation rate for each activity. (Abbreviation used: qty = quantity. Round your answers to the nearest cent, X.XX.) Predetermined OH Estimated overhead costs Estimated qty of the allocation base allocation rate Admissions + Cleaning Grooming Choose from any list or enter any number in the input fields and then click Check Answer. parts remaining Clear All Check Answer Type here to search 92% 9:07 AM 2/27/2021 Question Help - X tee Requirements ition X List is a hec Data Table 1. Calculate the predetermined overhead allocation rate for each activity. 2. Assume a customer brought in Sophie, a beagle, for Top Dog service. PetSmart used the following resources: Estimated Cost Estimated Quantity of Allocation Base Activity Allocation Base nus $ Admission 20,000 Allocation Base Sophie, Beagle Number of admissions 60,000 100,000 1 Number of admissions Cleaning 1 240,000 Cleaning direct labor hours 80,000 Grooming direct labor hours 380,000 4,000 Grooming Cleaning direct labor hours Grooming direct labor hours 0.5 $ Total indirect costs Determine the total cost of the Top Dog service for Sophie assuming the total direct materials cost was $3.50 and the total direct labor cost was $12 per DLHr. Print Done 3. If PetSmart desires a 30% target operating income after covering all its costs, what would PetSmart have to charge the customer to achieve that operating income? Shl Print Done Clear All Check Answer 91% Type here to search ra 9:08 AM 2/27/2021