Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial and residential customers. The following information relates to its budgeted operations for the current year. Commercial Residential Revenues $297.200 $485,000 Direct materials costs Direct labor costs $30,100 $49,500 111.600 290,500 Overhead costs Operating income (loss) 89,400 231,100 149,000 489,000 $66,100 S(4,000) The controler, Peggy Kingman, is concerned about the residential product line. She cannot understand why this line is not more profitable given that the installations of window coverings are less complex for residential customers. In addition, the residential clent base resides in close proximity to the company office, so travel costs are not as expensive overhead costs assigned to the two product lines to determine whether a more accurate product costing model can be developed. Here are the three activity cost pools and related information she developed: a per client vsit for residential customers. As a result. she has decided to take a closer look at the Estimated Overhead Cost Drivers Activity Cost Pools Scheduling and travel Setup time Hours of travel $87,500 Number of setups 97,400 Supervision 53,500 Direct labor cost Expected Use of Cost Drivers per Product Commercial Residential Scheduling and travel 980 520 Setup time 440 230 Your answer partially correct. Try again. Compute the activity-based overhead rates for each of the three cost pools. (Round answers to 2 decimal places, e.g. 12.25.) Overhead Rates Scheduling and travel 58.33 Setup time 146.37 10% Supervision LTNK TO TEXT Your answer incorrect. Try again. 0 decimal pla ces, e.g. 1,57s.) Detemine the overhead cost assigned to each product line. (Round answers Commercial Residential Scheduling and travel 10 Setup time 10 Supervision 10 10 Total cost assigned 10 LINK TO TEXT Your answer is incorrect. Try again. Compute the operating income for each product line, using the activity-based overhead rates. (Round answers to 0 decimal places, e.g. 1,575.) Operating income (loss) Commercial 10 Residential 10 Click if you would like to Show Work for this question: Open Show Work