Finch Industries produces two electronic decoders, P and Q. Decoder P is more sophisticated and requires more programming and testing than does Decoder Q. Because of these product differences, the company wants to use activity-based costing to allocate overhead costs. It has identified four activity pools. Relevant information follows: Activity Pools Repair and maintenance on assembly machine Programming cost Software inspections Product testing Total overhead cost Expected activity for each product follows: Cost Pool Total $102,600 93,100 Cost Driver Number of units produced Number of programming hours 7,000 Number of inspections 7,130 $209,830 Number of tests Number of Number of Programming Number of Number of Units Hours Inspections Tests Decoder P 17,000 1,800 195 1,300 Decoder Q 37,000 2,000 155 1,800 Total 54,000 3,800 350 3,100 Required a. Compute the overhead rate for each activity pool. b. Determine the overhead cost allocated to each product.