Problem 7.22 Activity Rates and Activity-Based Management [LO2, LO3] Onassis Catering is a Greek company that provides passenger and crew meals to airlines operating out of two international airports in Athens and Corfu. The operations at the two airports are managed separately, and top management believes that there may be To better compare the the greats To better compare the two operations, an ABC system has been desianed with the active participation of the managers at both airports. The ABC system is based on the follow measures: Ine operation at Athens international Airport (ALA) serves 1 million meals annually on 5,000 flights for 10 different airlines. (Each airline is considered one customer) The annual cost of running the AlA airport operation, excluding only the costs of raw materiais for meals, totals C4,127,600, (Note: The currency in Greece is the ..... by Ci1 To help determine the activity rates, employees were interviewed and asked how they divided their time among the four major activities. The results of employee interviews at AlA are displayed below. Requirect: 1. Perform the first-stoge allocation of costs to the activity cost pools. (Do not leave any chpty spaces; input a 0 wherever it is required.) Aequirect 1. Perform the first-stage allocation of costs to the activity cost pools. Coe net leave any emply spaces input a o wherever it is required. 2. Compute the activity rates for the activity cost pooks. (Aound your activity rates for meal preparation to 4 decimal places and flight+related to 2 decimal places. Do not leave eny emply spocess input a o wherever it is requilred.) 3. This part of the question is not part of your Connect assignment