Musich Corporation has an activity-based costing system with three actvity 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 Setting Up Other Total Equipment depreciation Indirect labor Total 9400 $48,700 S 23,800 81,900 11,500 S 13,90051600 27,900 93,400 1500 2900 100 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: MHs Batches Product Z3 Product T1 Total 6000 6200 12,200 750 1350 Product Z3 Product T1 Sales (total) Direct materials (total Direct labor (total) $ 230,800 255,500 $ 84,000 S 97,600 $110,000 105,200 Required: Calculate the Machining Activity Rate Setting up Activity Rate Amount of OH applied to product Z3 (round to the nearest dollar) Amount of OH applied to product T1 (round to the S nearest dollar) Product Margin-Z3/round to the nearest dollar) Product Margin T1 (round to the nearest dollar)