Social Media, Inc. (SMI) has two services for users. Toot!, which connects tutors with students who are looking for tutoring services, an TIX, which can be used to buy, sell, or exchange event tickets. For the following year, SMI expects the following results. 375 points Users Revenues Book Toot! 15,500 Tix 22,100 Total 37,600 Engineering hours Engineering cost Administrative costs $2,000,000 $2,080,000 $4,000,000 10,400 8,400 18,800 $ 881,000 $ 999,000 $1,880,000 $1,504,000 References Required: a. Compute the predetermined overhead rate used to apply administrative costs to the two services assuming SMI uses the number of users to allocate administrative costs. b. Based on the rates computed in requirement (a), what is the profit for each service? Complete this question by entering your answers in the tabs below. Required A Required B Compute the predetermined overhead rate used to apply administrative costs to the two services assuming SMI uses the number of users to allocate administrative costs. Predetermined overhead rate per user Required B