Groleau Corporation has an activity based costing system with three activity cost pools-Processing, Setting Up, and Other. The company's overhead costs, which consist of factory utilities and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Costs in the Processing 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. Data concerning the two products and the company's costs and activity-based costing system appear below: Factory utilities (total) Indirect labor (total) $34, Bee $12,400 Distribution of Resource Consumption Across Activity Cost Pools Processing 0:20 0.40 Setting Up 0.50 Factory utilities Indirect labor Other 0.30 e.le 3.100 Product 58 Product F1 Batches 1.200 1. 100 10.400 2.300 Total Sales (total) Direct materials (total) Direct labor (total) Product 58 575,400 $27,600 $29,700 Product F1 599.500 $ 35,600 $ 42,700 Required: a. Assign overhead costs to activity cost pools using activity-based costing. b. Calculate activity rates for each activity cost pool using activity-based costing. c. Determine the amount of overhead cost that would be assigned to each product using activity-based costing. d. Determine the product margins for each product using activity-based costing Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Assign overhead costs to activity cost pools using activity-based costing. Activity Cost Pools Processing Setting Up Other Total Factory utilities Indirect labor Total $ 0 $ 0 Required B > Required: a. Assign overhead costs to activity cost pools using activity-based costing. b. Calculate activity rates for each activity cost pool using activity-based costing. c. Determine the amount of overhead cost that would be assigned to each product using activity-based costing d. Determine the product margins for each product using activity-based costing, Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Calculate activity rates for each activity cost pool using activity-based costing (Round your answers to decimal plas Activity Rate Activity Cost Pools Processing Setting up per MH per batch Required: a. Assign overhead costs to activity cost pools using activity-based costing. b. Calculate activity rates for each activity cost pool using activity-based costing. c. Determine the amount of overhead cost that would be assigned to each product using activity-based costing. d. Determine the product margins for each product using activity-based costing. Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Determine the amount of overhead cost that would be assigned to each product using activity-based costing. (Round intermediate calculations to 2 decimal places.) Amount of Overhead Cost Product S8 Product F1 Required: a. Assign overhead costs to activity cost pools using activity-based costing b. Calculate activity rates for each activity cost pool using activity-based costing c. Determine the amount of overhead cost that would be assigned to each product using activity based costing d. Determine the product margins for each product using activity-based costing. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Determine the product margins for each product using activity based costing. (Round intermediate calculations to 2 decimal places.) Product Margin Product S8 Product F1 (Required C
