[10 Marks] Johnson & Smith Company makes custom covers for air conditioning units for homes and businesses. The company uses an activity-based costing system for its overhead costs. The company has provided the following data concerning its annual overhead costs and its activity cost pools: Overhead Costs: Production overhead Office expenses Total Distribution of Resource Consumption: $100,000 50,000 $150,000 Activity Cost Pools Production 40% Making Covers Job Support 42% Other 18% Total 100% overhead Office expenses 12% 60% 28% 100% The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs. The amount of activity for the year is as follows: Activity Cost Pool Making covers Annual Activity 2,500 yards 200 jobs Job support Other Required: Not applicable a) [3 Marks] Prepare the first-stage allocation of overhead costs to the activity cost pools by filling in the table below: CALCULATIONS DO NOT NEED TO BE SHOWN. ONLY THE TABLE WILL BE MARKED. Making Covers Job Support Other Total Production overhead| Office expense Total Cost b) [2 Marks] Compute the activity rates (i.c., cost per unit of activity) for the Making Covers and Job Support activity cost pools by filling in the table below: CALCULATIONS DO NOT NEED TO BE SHOWN. ONLY THE TABLE WILL BE MARKED. Making Covers Production overhead Office expense Total Cost Per Unit of Activity Job Support c) [5 Marks] Prepare a report in GOOD FORM of a job that involves making 50 yards of covers and has direct materials and direct labour cost of $1,500. The sales revenue from this job is $2,500. This report should show the Product Margin for this JOB.