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 39,235 $103;356 $25,200 43 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 Product K0 Product 2,680 1,750 8,530 11,2101,980 230 Total dditional data concerning the company's products appears below Sales (total) Direct materials (total) Direct labon ct Ke Product w9 281,000 $198,000 79,00 S 84,490 93,300 i 67,800 ota Required a. Calculate activity rates for each activity b. Determine the amount of overhead C. Determine the product margins foreach pro costing tha signed to each product using activity-based costing ISI as costing Complete this question by entering your answers in t 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 Cost Pools Machin Setting up Activity Rate per MH per batch 5:27 Complete this quest ur ans the tabs below Required A ul Determine the intermediate calculation ul ch prod ng activity-based costing. (Round Overhead Cost Product KO uc