Gibson 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 $ 86,400 92,130 7,140 7,560 $193,230 Cost Driver Number of units produced Number of programming hours Number of inspections Number of tests Expected activity for each product follows: Number of Number of Programming Number of Number of Units Hours Inspectione Testa Decoder P 25,000 1,500 180 1,500 Decoder Q 29,000 2,200 160 1,200 Total 54.000 3,700 340 2,700 Required a. Compute the overhead rate for each activity pool. b. Determine the overhead cost allocated to each product. Units Hours Number of Number of Programming Number of Inspections Number of Tests Decoder P 25,000 1,500 180 1,500 Decoder Q Total 29,000 2,200 160 1,200 54,000 3,700 340 2,700 Required a. Compute the overhead rate for each activity pool. b. Determine the overhead cost allocated to each product. Complete this question by entering your answers in the tabs below. Required A Required B Compute the overhead rate for each activity pool. (Round your answers to 2 decimal places.) Allocation Activity Pools Repair and maintenance on assembly machine Programming cost Software inspections Product testing Rate Teity for each product follows: Number of Number of Programming Number of Number of Units Hours Inspections Testa Decoder P 25,000 1,500 180 1,500 Decoder Q Total: 29,000 2,200 160 1,200 54,000 3,700 340 2,700. Required a. Compute the overhead rate for each activity pool. b. Determine the overhead cost allocated to each product. Complete this question by entering your answers in the tabs below. Required A Required B Determine the overhead cost allocated to each product. (Round Intermediate calculations to 2 decimal places.) Total Allocated Cost Decoder P Decoder Q < Required A Required B