Terry Industries produces two electronic decoders, P and Q. Decoder P is more sophisticated and requires more programming and testing than does Decoder Q. Because of these product differences, the company wants to use activity-based costing to allocate overhead costs. It has identified four activity pools. Relevant information follows. Activity Pools Cost Pool Total Cost Driver Repair and maintenance on assembly machine $ 71,500 Number of units produced Programming cost 84,000 Number of programming hours Software inspections Product testing 9,900 Number of inspections 12,870 Number of tests Total overhead cost $178,270 Expected activity for each product follows. Number of Number Number Programming of Units Number Hours Inspections of Tests of Decoder 20,000 2,100 182 1,500 P Decoder 35,000 1,400 148 1,800 Q Total 55,000 3,500 330 3,300 Required: a. Compute the overhead rate for each activity pool. (Round your answers to 2 decimal places.) Allocation Rate Activity Pools Decoder P Decoder Q Repair and maintenance on assembly machine 20,000.00 35,000.00 Programming cost Software inspections Product testing b. Determine the overhead cost allocated to each product. (Round intermediate calculations to 2 decimal places.) Total Allocated Cost Decoder P Decoder