Using the following information, determine the overhead rates and the actual cost assigned for each of the activity cost pools in a possible ABC system for Waterways. (Round answers to 2 decimal places, e.g. 12.25.)

Waterways Problem 04 b-c Direct labor or machine hours may not be the appropriate cost driver for overhead in all areas of manufacturing due to the complexities of many manufacturing processes. Many companies use activity-based costing (ABC) which uses multiple drivers (items that consume resources) rather than just one driver to apply overhead to their activities. With ABC, a company can use a cost driver that has a direct cause/effect relationship in its applied overhead costs. Waterways looked into ABC as a method of costing because of the variety of items it produces and the many different activities in which it is involved. The activities listed below area sample of possible cost pools for Waterways. Assembling Billing Digging trenches Janitorial Payroll Plant supervision Product design Purchasing materials Machine maintenance Machine setups Selling Testing Welding Molding Packaging Using the following information, determine the overhead rates and the actual cost assigned for each of the activity cost pools in a possible ABC system for Waterways. (Round answers to 2 decimal places, e.g. 12.25.) WATERWAYS CORPORATION Expected Use of Cost Drivers per Actual Use of Activity Drivers Estimated Overhead Activity Cost Pools Cost Drivers Irrigation installation Labor cost Machining (all machine use) Machine hours Customer orders Number of orders Shipping none (direct) Design Cost per design Selling Number of sales calls $2,094,400 1,560,100 33,480 12,320 31,202,000 2,790 12,304 31,203,000 2,759 N/A N/A traced directly 8 7 752 306,000 20,400 20,620 WATERWAYS CORPORATION Activity Cost Pools Activity- Based Overhead Rates Actual Cost Assigned Irrigation installation 170 170.22 Machining (all machine use) Customer orders Design Selling