Watson's Corporation's activity-based costing system has three activity cost pools--Fabricating, Setting Up, and Other. The company's overhead costs have already been allocated to these cost pools as follows:
Fabricating	$56,800
Setting Up	$44,900
Other	$13,300
Costs in the Fabricating 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. The following table shows the machine-hours and number of batches associated with each of the company's two products:
	MHs	Batches
Product M0	8,200	800
Product P9	2,500	1,200
Total	10,700	2,000
Required:	Show your work
a. Calculate activity rates for each activity cost pool using activity-based costing. (Round your answers to 2 decimal places.)
b. Calculate the amount of overhead assigned to product M0 and to product P9.