Question: Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Gable Company uses three activity cost pools.

Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Gable Company uses three activity cost pools. Each pool has a cost

Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows Estimated Cost Driver 80,000 8,000 Total Cost of Pool Activity Cost Pools Machining Designing costs Setup costs Cost Driver Number of machine hours Number of design hours Number of batches $312,000 73,600 71,600 500 Required 1. Compute the activity rate for each activity. (Round your answers to 2 decimal places.) Activity Machining Design Costs Setup Activity Rate per Machine Hour per Design Hour per Batclh 2. Classify each activity as facility, product, batch, or unit level Machining Design Setup

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