Musich Corporation has an activity-based costing system with three activity cost pools--Machining, Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, have been allocated to the cost pools already and are provided in the table below. Equipment depreciation Indirect labor Activity Cost Pools Machining Setting Up Other $ 8,000 $ 45, 200 $ 22,400 2,400 2,200 3,400 $10,400 $ 47,400 $ 25,800 Total $ 75,600 8,000 $ 83,600 Total 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. Data concerning the two products and the company's costs appear below: Product Z3 Product T1 MHS 5,300 5,500 10,800 Batches 400 1,000 1,400 Total Sales (total) Direct materials (total) Direct labor (total) Product Z3 Product T1 $216,800 $248,500 $ 80,500 $ 96,200 $ 108,600 $ 101,700 Required A Required B Required C Calculate activity rates for each activity cost pool using activit Activity Rate Activity Cost Pools Machining Setting up per MH per batch Required A Required B Required C Determine the amount of overhead cost that we intermediate calculations to 2 decimal places.) Amount of Overhead Cost Product Z3 Product T1 Required A Required B Required C Determine the product margins for each product places.) Product Margin Product Z3 Product T1