Exercise 5-6A Computing overhead rates based on different cost drivers LO 5-2, 5-3 Benson 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 Repair and maintenance on assembly machine Programming cost Software inspections 76,500 Number of units produced 87,690 Number of programing hours 8,840 Number of inspections 6,960 Number of tests Total overhead cost $179,990 Expected activity for each product follows: Inspecti 200 140 340 2,500 0 22,000 29,000 11200 51,000 Decoder o. 3,700 Required a. Compute the overhead rate for each activity pool. b. Determine the overhead cost allocated to each product 8