Musich Corporation has an activity-based costing system with three activity cost pools--Machining, Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, have been allocated to the cost pools already and are provided in the table 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.) Equipment depreciation Indirect labor Total Activity Cost Pools Machining Setting Up Other $ 10,600 $ 51,700 $ 25,000 6,300 3,500 4,700 $ 16,900 $ 55,200 $ 29,700 Total $ 87,300 14,500 $ 101,800 Activity Cost Pools Machining Setting up Activity Rate per MH per batch 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. Data concerning the two products and the company's costs appear below: Required A Required B Required C Product 23 Product T1 Total MHS 6,689 6,800 13,400 Batches 1,050 1,650 2,700 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 Sales (total) Direct materials (total) Direct labor (total) Product Z3 $ 242,800 $ 87,000 $ 111,200 Product T1 $ 261,500 $ 98,800 $ 108,200 Product Z3 Product T 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. Required A Required B Required C Determine the product margins places.) product using activity-based costing. iate cald Product Margin Product Z3 Product T1