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 Cost Pool Total $126,000 102,770 7,840 10,800 $247,410 Cost Driver Number of units produced Number of programming hours Number of inspections Number of tests Expected activity for each product follows: Number of Units 18,000 42,000 60,000 Decoder P Decoder o Number of Programming Hours 1,800 2,500 4,300 Number of Inspections 186 94 Number of Tests 1,500 1,500 3,000 Total 280 Required a. Compute the overhead rate for each activity pool. b. Determine the overhead cost allocated to each product