Stephen Curry decides to create his own curry brand, Chef Curry's, and wants to implement a more sophisticated costing system to more accurately determine the cost of manufacturing one can of Chef Curry. Data on the four activity cost pools are as follows: Activity Pool Total Cost Total Cost Driver Usage Recipe Development $3,000 100 ingredients Cooking $60,000 2,000 kitchen setups Canning $40,000 10,000 machine hours Delivery $30,000 2,000 orders Chef Curry's cooks curry in gigantic pots, from which they are then placed into individual cans. Delivery is made to consumers who purchase them from Chef Currys. The Orange Curry incurred $25,000 in total direct materials costs, 3,000 hours of direct labor at $12 per hour, 20 ingredients, 550 kitchen setups, 3,500 machine hours, and 700 orders. Chef Curry's produced and sold 9,000 cans of Orange Curry at $9.99/can. Chef Curry's biggest competitor sells a similar product for $11.99/can. a. For each cost pool, identify the level of activity the cost pool would be classified as (e.g. unit-level, etc.) (4 points) b. Find the overhead rate for each activity cost pool. (4 points) c. What is the product cost per can of the Orange Curry? Is Chef Curry's price of $9.99 per can fine? If not, what price would you recommend Chef Curry for a can of the orange curry? (5 points)