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TB Problem Qu. 7-203 Greife Corporation's activity-based costing ... Greife Corporation's activity-based costing system has three activity cost pools-Machining. Setting Up, and Other. The company's

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TB Problem Qu. 7-203 Greife Corporation's activity-based costing ... Greife Corporation's activity-based costing system has three activity cost pools-Machining. Setting Up, and Other. The company's overhead costs have already been allocated to these cost pools as follows: Machining Setting Up other $59,784 $89,241 $18,30 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. The following table shows the machine-hours and number of batches associated with each of the company's two products Batches 1.618 Product ke Product W9 2.850 8.410 11.20 1.970 Total Additional data concerning the company's products appears below Sales (total) Direct materials (total) Direct labor (total) Product $277,000 $ 80,000 $ 91,700 Product W9 $220,000 $88.500 $ 65,600 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 Calculate activity rates for each activity cost pool using activity-based costing. (Round your answers to 2 decimal places.) Activity Rate Activity Cost Pools Machining Setting up per MH per batch Required B >

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