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) $33,800 $7.950 Distribution of Resource Consumption Across Activity Cost Pools Equipment depreciation Indirect labor Machining 0.30 0.30 Setting Up 0.30 0.10 Other 0.40 0.60 Costs in the Machining cost pool are assigned to products based on machine hours (Ms) 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, Product 54 Product co Total MHS 8.900 6,300 15,200 Batches 1,300 1,500 3,100 Additional data concerning the company's products appears below: Sales (total) Direct materials (total) Direct labor (total) Product 54 $85,100 $27,600 $41,100 Product ca $ 75,500 $ 24,900 $ 33,500 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 e. 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 Required A Required B Required c Required D Assign overhead costs to activity cost pools using activity-based costing. Activity Cost Pools Machining Setting Up Other Total $ 0 Equipment depreciation Indirect labor $ 0 0 0 $ 0 $ Total 0 0 $ $ hon Required A Required B Required C Require Calculate activity rates for each activity cost pool us Activity Rate Activity Cost Pools Machining Setting up per MH per batch nu 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 S4 Product CD Required D Required A Required B Required c Required D Determine the product margins for each product using activity-based costing. (Rou places.) Product Margin Product S4 Product Co