Question: Exercise 5-6A (Algo) Computing overhead rates based on different cost drivers LO 5-2, 5-3 Finch Industries produces two electronic decoders, P and Q. Decoder P

Exercise 5-6A (Algo) Computing overhead rates based on different cost drivers LO 5-2, 5-3 Finch Industries produces two electronic decoders, P and Q. Decoder P is more sophisticated and requires more programming and testing than does Decoder Q. Because of these product differences, the company wants to use activity-based costing to allocate overhead costs. It has identified four activity pools. Relevant information follows: Expected activity for each product follows: Required a. Compute the overhead rate for each activity pool. b. Determine the overhead cost allocated to each product. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Compute the overhead rate for each activity pool. Note: Round your answers to 2 decimal placais. Exercise 5-6A (Algo) Computing overhead rates based on different cost drivers LO 5-2, 5-3 Finch Industries produces two electronic decoders, P and Q. Decoder P is more sophisticated and requires more programming and testing than does Decoder Q. Because of these product differences, the company wants to use activity-based costing to allocate overhead costs. It has identified four activity pools. Relevant information follows: Expected activity for each product follows: Required a. Compute the overhead rate for each activity pool. b. Determine the overhead cost allocated to each product. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Determine the overhead cost allocated to each product. Note: Round intermediate calculations to 2 dedimal places
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