Thornton 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 Repair and maintenance on assembly machine Programming cost Software inspections Product testing Total overhead cost Cost Pool Total $ 62,400 105, 160 5,500 10,200 $183,260 Cost Driver Number of units produced Number of programming hours Number of inspections Number of tests Expected activity for each product follows: Decoder P Decoder o Total Number of Units 22,000 30,000 Number of Programming Hours 2,100 2,300 4,400 Number of Inspections 185 65 250 Number of Tests 1,400 2,000 3,400 52,000 Required a. Compute the overhead rate for each activity pool. b. Determine the overhead cost allocated to each product. Complete this question by entering your answers in the tabs below. Required A Required B Compute the overhead rate for each activity pool. (Round your answers to 2 decimal places.) Activity Pools Allocation Rate Repair and maintenance on assembly machine Programming cost Software inspections Product testing Required A Required B Determine the overhead cost allocated to each product. (Round intermediate calculations to 2 decimal places.). RRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR Total Allocated Cost Decoder P Decoder Q