Exercise 7-4 (Algo) Second-Stage Allocation [LO7-4] Klumper Corporation is a diversifled manufacturer of Industrial goods. The company's activity-based costing system contains the following slx activity cost pools and activity rates: Activity data have been supplied for the following two products: Required: How much total overhead cost would be assigned to K425 and M67 using the actlvity-based costing system? The company already has completed its first stage allocatlons of costs and has summarized its annual costs and a Required: Compute the activity rate for each of the activity cost pools. (Round your answers to 2 decimal places.)