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Coca-Cola HBC has an activity-based costing system with the following cost pools and drivers: setup costs $6,000,000 with 600 setups, material handling costs $2,000,000 with

Coca-Cola HBC has an activity-based costing system with the following cost pools and drivers: setup costs $6,000,000 with 600 setups, material handling costs $2,000,000 with 40,000 material moves, and inspection costs $3,000,000 with 50,000 inspections. Calculate the cost driver rate for each pool and determine the cost assigned to a product requiring 30 setups, 10,000 material moves, and 5,000 inspections. Prepare a classified balance sheet as of December 31, 20X1.

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