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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

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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 lobor, 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 54 Factory utilities (total) $ 35, 100 Indirect labor (total) $ 12,000 Distribution of Resource Consumption Across Activity Cost Pools Factory utilities Indirect labor Processing Setting Up 0.40 0.30 0.40 0.50 Other 0.30 0.10 Products Product F1 Total MHS 3,200 7,000 11,100 Batches 900 500 1,400 Sales (total) Direct materials (total) Direct labor (total) Products $ 81,800 $ 26,600 $ 33,900 Product F1 $ 100, 200 $ 37, 400 $ 41,600 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. Complete this question by entering your answers in the tabs below. Required A Required B Required 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 Reque Required B >

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