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Musich Corporation has an activity-based costing system. The company's overhead costs have been allocated to the cost pools already and are provided in the table
Musich Corporation has an activity-based costing system. The company's overhead costs have been allocated to the cost pools already and are provided in the table below. Equipment depreciation Indirect labor Activity Cost Pools Machining Setting Up Other $ 9,400 $ 48,700 $ 23,800 4,5ee 2,900 4,1ee $13,9ee $ 51,600 $ 27,900 Total $ 81,9ee 11,500 $ 93, 4ee Total Costs in the Machining cost pool are assigned to products based on machine-hours (MHS) 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 appear below: Mis Batches Product 23 Product T1 6.ece 6,200 12, 2ee 750 1,350 2,100 Total Sales (total) Direct materials (total) Direct labor (total) Product Z3 Product T1 $230, see $255, see $ 84, eee $ 97,6ee $118,eee $1e5, 200 Required: a. Calculate activity rates for each activity cost pool using activity-based costing. b. Determine the amount of overhead cost that would be assigned to each product using activity-based costing. c. 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 Calculate activity rates for each activity cost pool using activity-based costing. (Round your answers to 2 decimal places.) Activity Cost Pools Activity Rate Machining Setting up per MH per batch
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