Consider the following data for a clinical laboratory: a. Using ABC techniques, determine the… 1 answer below »

Consider the following data for a clinical laboratory:

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a. Using ABC techniques, determine the allocation rate for each activity.

b. Now, using this allocation rate, estimate the total cost of performing each test.

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.