Procter & Gamble USA has an activity-based costing system with the following cost pools and drivers: setup costs $8,000,000 with 800 setups, material handling costs $4,000,000 with 60,000 material moves, and inspection costs $3,000,000 with 40,000 inspections. Calculate the cost driver rate for each pool and determine the cost assigned to a product requiring 40 setups, 15,000 material moves, and 6,000 inspections. Prepare a classified balance sheet as of December 31, 20X1.