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. Activity Cost Pools Machining Equipment depreciation Indirect labor Total $ 9,000 3,900 $ 12,900 Setting Up $ 47,700 2,700 $ 50,400 Other $ 23,400 3,900 $ 27,300 Total $ 80,100 10,500 $ 90,600 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. Batches Product 23 Product T1 Total Sales (total) Direct materials (total) Direct labor (total) Required: 5,800 650 6,000 1,250 11,800 1,900 Product 23 Product T1 $226,800 $83,000 $253,500 $ 97,200 $ 109,600 $ 104,200 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. Compists this writte Required A Required B Required C Calculate activity rates for each activity cost pool using activity-based costing. (Round your answe Activity Cost Pools Activity Rate Machining Setting up per MH per batch Complete this question by entering your answers in the tabs below. Required A Required B Required C 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 Z3 Product T1 < Required A Required C > 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 T11