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Howell Corporation's activity-based costing system has three activity cost pools--Machining, Setting Up overhead costs, which consist of equipment depreciation and indirect labor, are allocated to

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Howell Corporation's activity-based costing system has three activity cost pools--Machining, Setting Up overhead costs, which consist of equipment depreciation and indirect labor, are allocated to the cost pe cost pools' consumption of resources. Equipment depreciation (total) Indirect labor (total) $31,200 $ 7,110 Distribution of Resource Consumption Across Activity Cost Pools Equipment depreciation Indirect labor Machining 0.40 0.40 Setting Up 0.50 0.20 Other 0.10 0.40 Costs in the Machining cost pool are assigned to products based on machine-hours (MHS) and costs in assigned to products based on the number of batches. Costs in the Other cost pool are not assigned to Product S4 Product Co Total MHS 9,900 4,200 14,100 Batches 1,200 1,700 2,900 Additional data concerning the company's products appears below: Sales (total) Direct materials (total) Direct labor (total) Product S4 $95,200 $31,000 $42,600 Product Co $ 77,800 $ 23,100 $ 31,200 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 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 amount of overhead cost that would be assigned to each product using activity-based costin intermediate calculations to 2 decimal places.) Amount of Overhead Cost Product S4 Product CO 0 Required A Required B Required C Required D Determine the product margins for each product using activity-based costing. (Round intermediate places.) Product Margin Product S4 Product CO

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