Holder Products has adopted an ABC costing system. The following manufacturing activities, indirect manufacturing costs, and cost drivers have been identified: E: (Click the icon to view the activity costs and drivers.) The Job Cost Record for Job #624 revealed that direct materials requisitioned for the job totaled $1,100. The Job Cost Record also showed that direct labor for this job totaled 9 hours at a wage rate of $23 per hour. Other data collected on the resources used by Job #624 included: (Click the icon to view the other data.) Read the requirements. Requirement 1. Calculate the activity cost allocation rate for each of the five pools listed in the table. (Round the allocation rate to the nearest cent. Abbreviations used: DL = direct labor, MH = machine hour.) Activity cost allocation rate Total estimated amount of allocation base activity Activity Machine setup...... Machining ...... Polishing ...... I Quality control. ....... Facility-level costs Total estimated MOH costs related to activity 143,000 1,200,000 154,000 525,000 210,000 2,600 setups 8,000 machine hours 14,000 polishing cloths 7,000 tests run 70,000 DL hours 2,232,000 Total manufacturing overhead (MOH).. Read the require 1. Calculate the activity cost allocation rate for each of the five pools listed in the table. (Round to the nearest cept Abbreviatione ad direct. labar ML machine hour.) 0 Data Table Activit allocatic 3 machine setups required 5 machine hours 2 polishing cloths 2 quality control tests run Print Done