Anewconnect.mheducation.com does a protest size matter - Google D... cover Letter - Google Docs University of Tampa - Prod - My Appli... Ch 4 Exercises ses i Untitled document - Google Docs Saved Help Save & Exit Submit Check my work Rosehut Olive Oil Company makes two grades of olive oil: standard and extra virgin. Rosehut has identified two activity cost pools, the related costs per pool, the cost driver for each pool, and the expected usage for each pool. Total Activity Activity Cost Washing, Pressing & Filtering (WPF) Cost Driver Standard Bottling $1 , 694, 000 Washing, Pressing, and Filtering hours Extra Virgin $ 750, 500 Number of bottles 46, 600 hours 107, 400 hours 316, 000 bottles 79 , 000 bottles Additional information about each grade of olive oil is as follows: Direct Direct Sales Materials Labor Grade Revenue Costs Costs Standard $5 , 140 , 000 $900, 000 $375 , 000 Extra Virgin $2, 500, 000 $600, 000 $150 , 000 Required: 1. Calculate the activity rate for each cost pool. 2. Using the activity rates, determine the total amount of overhead assigned to each product. 3. Determine total manufacturing cost for each product. 4. Calculate the gross profit for each product. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Using the activity rates, determine the total amount of overhead assigned to each product. (Round activity rates to 2 decimal places.) Standard Extra Virgin Overhead Overhead Activity Activity Rate Activity for ssigned to Activity for ssigned to MacBook Pro