Worley Company buys surgical supplies from a varlety of manufacturers and then resells and dellvers these supplies to hundreds of hospitals. Worley sets its prices for all hospitals by marking up its cost of goods sold to those hospltals by 5%. For example, If a hospital buys supplies from Worley that cost Worley $100 to buy from manufacturers, Worley would charge the hospltal $105 to purchase these supples. For years, Worley believed that the 5% markup covered its selling and administratlve expenses and provided a reasonable profit. However, In the face of declining profits, Worley decided to Implement an actlvity-based costing system to help Improve its understanding of customer profitability. The company broke its selling and administrative expenses into five actlvities as shown: Worley gathered the data below for two of the many hospitals that it serves-University and Memorial (each hospital purchased medical supplies that had cost Worley $30,000 to buy from manufacturers): Requlred: 1. Compute the total revenue that Worley would recelve from University and Memorlal. 2. Compute the activity rate for each activity cost pool. 3. Compute the total activity costs that would be assigned to University and Memorlal. 4. Compute Worley's customer margin for University and Memorlal. (Hint: Do not overlook the $30,000 cost of goods sold that Worley Incurred serving each hospital.) Complete this question by entering your answers in the tabs below. Compute the total revenue that Worley would receive from University and Memorial. Worley Company buys surgical supplies from a varlety of manufacturers and then resells and dellvers these supplies to hundreds of hospitals. Worley sets its prices for all hospitals by marking up its cost of goods sold to those hospltals by 5%. For example, If a hospital buys supplies from Worley that cost Worley $100 to buy from manufacturers, Worley would charge the hospltal $105 to purchase these supplies. For years, Worley belleved that the 5% markup covered its selling and administratlve expenses and provided a reasonable profit. However, In the face of decining profits, Worley decided to Implement an actlvity-based costing system to help Improve its understanding of customer profitability. The company broke its selling and administrative expenses into five actlvitles as shown: Worley gathered the data below for two of the many hospitals that it serves-University and Memorlal (each hospital purchased medical supplies that had cost Worley $30,000 to buy from manufacturers): Requlred: 1. Compute the total revenue that Worley would recelve from University and Memorlal. 2. Compute the activity rate for each activity cost pool. 3. Compute the total activity costs that would be assigned to University and Memorlal. 4. Compute Worley's customer margin for University and Memorlal. (Hint: Do not overlook the $30,000 cost of goods sold that Worley Incurred serving each hospital.) Complete this question by entering your answers in the tabs below. Compute the activity rate for each activity cost pool. Worley Company buys surgical supplles from a varlety of manufacturers and then resells and delivers these supplies to hundreds of hospltals. Worley sets its prices for all hospitals by marking up its cost of goods sold to those hospltals by 5%. For example, If a hospltal buys supplies from Worley that cost Worley $100 to buy from manufacturers, Worley would charge the hospltal $105 to purchase these supplies. For years, Worley belleved that the 5% markup covered its selling and administratlive expenses and provided a reasonable profit. However, In the face of declining profits, Worley decided to implement an actlvity-based costing system to help improve Its understanding of customer profitability. The company broke its selling and administrative expenses into five activities as shown: Worley gathered the data below for two of the many hospltals that it serves-University and Memorlal (each hospital purchased medical supplies that had cost Worley $30,000 to buy from manufacturers): Required: 1. Compute the total revenue that Worley would recelve from University and Memorlal. 2. Compute the actlvity rate for each activity cost pool. 3. Compute the total activity costs that would be assigned to University and Memorlal. 4. Compute Worley's customer margin for University and Memorlal. (Hint: Do not overlook the $30,000 cost of goods sold that Worley Incurred serving each hospital.) Complete this question by entering your answers in the tabs below. Compute the total activity costs that would be assigned to University and Memorial. Worley Company buys surgical supplies from a varlety of manufacturers and then resells and delivers these supplies to hundreds of hospitals. Worley sets its prices for all hospitals by marking up its cost of goods sold to those hospltals by 5%. For example, If a hospltal buys supplies from Worley that cost Worley $100 to buy from manufacturers, Worley would charge the hospltal $105 to purchase these supplies. For years, Worley belleved that the 5% markup covered its selling and administratlve expenses and provided a reasonable profit. However, In the face of decining profits, Worley decided to Implement an actlvity-based costing system to help improve its understanding of customer profitability. The company broke its selling and administrative expenses into five actlvitles as shown: Worley gathered the data below for two of the many hospitals that it serves-University and Memorlal (each hospital purchased medical supplies that had cost Worley $30,000 to buy from manufacturers): Requlred: 1. Compute the total revenue that Worley would recelve from University and Memorlal. 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 Memorlal. (Hint: Do not overlook the $30,000 cost of goods sold that Worley Incurred serving each hospital.) Complete this question by entering your answers in the tabs below. Compute Worley's customer margin for University and Memorial. (Hint: Do not overlook the $30,000 cost of goods sold that Worley incurred serving each hospital.) (Loss amounts should be indicated with a minus sign.)