) Greife Corporation's activity-based costing system has three activity cost pools--Machining, Setting Up, and other. The company's overhead costs have already been allocated to these cost pools as follows: Machining $ 41,200 Setting Up 9,000 Other $ 33,800 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 other cost pool are not assigned to products. The following table shows the machine-hours and number of batches associated with each of the company's two products: MHS Batches Product KO 3,700 100 Product W9 16,300 1,900 Total 20,000 2,000 Additional data concerning the company's products appears below: a. Calculate activity rates for each activity cost pool using activity-based costing. b. Determine the amount of overhead cost that would be assigned to each product using activity- based costing. c. Determine the product margins for each product using activity-based costing. Product KO Product W9 Sales $ 207,300 $ 218,400 Direct materials $ 82,200 $ 50,100 Direct labor 107,100 119,400