Howell Corporation's activity based costing system has three activity cost pools Machining Setting Up, and other. The company's overhead costs, which consist of equipment depreciation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources Equipment depreciation (total) Indirect labor (total) $34,400 $ 7,730 Distribution of Resource Consumption Across Activity Cost Pools Machining e.3 reciation Setting Up e. Equipment depreciation Indirect labor 0.20 0.20 Other e.de e. 0.40 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 Batches Product 54 Product ce Total MHS 14,700 5.300 20.000 1.500 2.200 Additional data concerning the company's products appears below. Sales (total) Direct materials (total) Direct labor (total) Product 54 $81,500 $25,800 $41,000 Product CB $ 69,000 $ 28,500 $ 25,800 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