Toyota Motor Corporation needs to allocate overhead costs using the traditional costing method. The following data is provided:

Cost Pool	Overhead Cost ($)	Allocation Base	Total Base Quantity
Machine Setup	200,000	Number of Setups	500
Assembly	300,000	Direct Labor Hours	10,000
Quality Control	100,000	Number of Inspections	2,000

Required:

1. Calculate the overhead rate for each cost pool.
2. Allocate the overhead costs to Product X (100 setups, 2,000 labor hours, 400 inspections) and Product Y (400 setups, 8,000 labor hours, 1,600 inspections).
3. Determine the total overhead allocated to each product.
4. Analyze the accuracy of overhead allocation using traditional costing.