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3. Genesis Wheels manufactures spoked and solid bicycle wheels. The company relies on an activity based costing system. The following information has been provided for

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3. Genesis Wheels manufactures spoked and solid bicycle wheels. The company relies on an activity based costing system. The following information has been provided for the cost pools: Spoked | Cost Pool Machine set-up Assembly / Polish Inspection | Total production Activity Set-ups Labor hours Inspections | Activity Cost $180,000 $280,000 $24,000 40,000 100 10,000 Solid 800 30,000 1,100 10,000 Required: a) Determine the total overhead cost assigned to each product. b) Determine the overhead cost per unit for each product

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