Activity Data Test B Test C Activity Cost Driver Test A Test D Annual Costs $15,000 Number of Tests 1,050 1,650 980 720 Receive Specimen Equipment Set up Run Test $12,000 5 5 $105,000 Number of Minutes per test Number of Minutes per test Number of Minutes per test Number of Minutes per test $8,500 5 Record Results Transmit Results $7,000 $147,500 a. Using ABC techniques, determine the allocation rate for each activity. Explain procedure and results in detail. (one page) b. Now, using this allocation rate, estimate the total cost of performing each test. Explain procedure and results in detail. (one page) c. Verify that the total annual costs aggregated from individual test costs equal the total annual costs of the laboratory given in the table above. Explain procedure and results in detail. (one page) d. Explain procedure and results in detail of the allocation results obtained in regard to the process in this clinical laboratory from a cost control point of view. (one page)