Catalytic Chemical Corporation has a significant level of manufacturing overhead. After preparing their budget for the next year, management expects the following overhead costs (the cost driver for each overhead cost pool is also shown):

Activity	Total Cost	Cost Driver
Maintenance	$20,000	Machine hours
Materials receiving	80,000	Shipments received
Machine setups	50,000	# of setups
Inspection	30,000	# of inspections

The expected activity for the year for various cost drivers is:

Direct Labor Hours	40,000
Machine Hours	20,000
Shipments Received	4,000
Setups	200
Quality Inspections	8,000

The company is considering accepting a significant production contract. Estimates for the contract are as follows:

Direct materials	$100,000
Direct labor (7,500 hours)	$150,000
Number of material shipments received	290
Number of inspections	50
Number of setups	35
Number of machine hours	3,000

NOTE: Round all per-unit costs to the nearest cent.

Required:

1. Using ABC method, what’s the pool rate for each activity?

2. What is the expected overhead allocated to this contract?

3. What’s the total cost of this contract?