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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 $ 48,7ee $ 23,Bee 4.5ee 2,900 4,1ee $13,900 $ 51,6ee $ 27,900 Total $ 81,900 11,5ee $ 93,400 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: Product 23 Product T1 MHS 6.800 6, 200 12,200 Batches 750 1,350 2.100 Total Sales (total) Direct materials (total) Direct labor (total) Product Z3 Product T1 $230,860 $255,5ee $ 84,6ee $ 97,6ee $110,eee $105, 2ee 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 Determine the product margins for each product using activity-based costing. (Round intermediate calculations to 2 decimal places.) Product Margin Product 23 Product T1
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