Worley Company buys surgical supplies from a variety of manufacturers and then resells and delivers these supples to hundreds of hospitais. Worley sets its prices for all hospitals by marking up its cost of goods sold to those hospitels by 5% For example. If a hospital buys supplies from Worley that cost Wosley $100 to buy from manufocturers, Worley would charge the hospital $105 to purchase these supplies For years, Worley believed that the 5\% markup covered its selling and administrative expenses and provided a reasonable profit However in the face of declining profits. Wortey decided to implement an octivity-based costing system to help improve its understanding of customer proftability. The company broke its selling and administrotive experseb into five activities as shomn Worley gathered the data below foc two of the many hospitais that it serves-University and Memorial (each hospital purchased medical supplies that had cost Worley $30,000 to buy from manufocturers) meaica: supplies inat nac cost woriey s su,vvu to ouy tom manulocturers? Required: 1. Compute the total revenue that Wocley would receive from University and Memorial. 2. Compute the activity rate for each activity cost pool. 3. Compute the total activity costs that would be assigned to University and Memorial. 4 Compute Worley's customer margin for University and Memorial. (Hent Do not overiook the $30.000 cost of goods sold that Worley incurred serving each hotpital.) Complete this question by entering your answers in the tabs below. Compute the total revenue that Worley would receive from University and Memorial, Required: 1. Compute the total revenue that Worley would receive from University and Memorial. 2 Compute the activity rate for each activity cost pool 3. Compute the total activity costs that would be assigned to University and Memorial. 4. Compute Worley's customer margin for University and Memorial. (Hint: Do not overiook the $30,000 cost of goods sold that Worley incurred serving each hosplial) Complete this question by entering your answers in the tabs below. Compute the total revenve that Worley would recelve from University and Memorial