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Pressler Corporation's activity-based costing system has three activity cost pools-Machining, Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources.
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.
Additional data concerning the company's products appears below:
Assign overhead costs to activity cost pools using activity-based costing. (Omit the "$" sign in your response.)
Activity Cost Pools
Calculate activity rates for each activity cost pool using activity-based costing. (Round your answers to 2 decimal places. Omit the "$" sign in your response.)
Determine the amount of overhead cost that would be assigned to each product using activity-based costing. (Omit the "$" sign in your response.)
Determine the product margins for each product using activity-based costing. (Omit the "$" sign in your response.)
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