(3) If the company uses activity-based costing, the company's overhead costs will be traced to two activity cost pools. The following data are given: Activity Estimated Activity cost poolActivity measureOverhead Total For X For Y Cost $38,000 500 MHs 300 MHs 200 MHs 100 tests100 tests Processing Machine hours (MHs) Testing Number of Tests 200 tests $18,000 1. (Activity-based costing) Compute activity rate (predetermined overhead rate) for each activity cost pool. Show computation work. a. Processing: b. Testing