Benoist Corporation has an activity-based costing system with three activity cost pools-Machining, Setting Up, and Other. The company's overhead costs have already been allocated to the cost pools and total $17,200 for the Machining cost pool, $7,700 for the Setting Up cost pool, and S52,100 for the Other cost pool Costs in the Machining cost pool are assigned to products based on machine-hours (MHs) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Qther cost pool are not assigned to products. Data concerning the two products and the company's costs appear below MHs Batches 300 700 20,000 1000 7,300 12,700 Product O7.. Product O1 Sales (total Direct materials (total) Direct labor (total) Product O7 Product O1 $226,000 $142,000 $75,200 $46,600 $98,300 $107,300 Required: Answer the following questions. Show your calculations a. Calculate activity rates for each activity cost pool using activity-based costing