Spreadwell Paint Coarpany manufactures two high-quality base paints: an oll-based paint and a latex paint. Both are housepaints and are manufactured only in a neutral white color. Spreadwell sells the white base paints to franchised retail paint and decorating stores where pig. ments are added to tint (color) the paint as the customer desires. The oil-based paint is made with organic solvents (petroleum products) such as mineral spirits or turpentine, The latex paint is made with water, synthetic resin particles are suspended in the water, and dry and harden when exposed to aif. Sprcadwell uses the same processing equipment to produce both paints in different prodaction runs. Between batches, the vats and other processing equiproent must be washed and cleaned. After analyzing the company's entire operations, Speradwell's acoounbants and production managers have identified activity cost pools and accumulated annual budgeted overhead costs by pool as follows. Following further analysis, activity cost drivers were identified, and their estimated use by activity, as well as use by product, were scheduled as follows. Spreadwell has budgeted 400,000 gallons of cil-based paint and 600,000 gallons of latex paint for processing daring the year. Instructions 2. Frepare a schedule showing the cocnputations of the activity-based overhead rates. b. Prepare a schedule assigning each activity's overhead cost pool to each product. c. Compute the overhead cost per unit for esch product