Question: Required information Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity Cost Pools. Machining

Required information Gable Company uses three activity cost pools. Each pool has

Required information Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity Cost Pools. Machining Designing costs Setup costs Total Cost of Pool Cost Driver Estimated Cost Driver $236,300 58,725 71,350 Number of machine hours Number of design hours 69,500 6,750 Number of batches 500 Required: 1. Compute the activity rate for each activity. 2. Classify each activity as facility, product, batch, or unit level.

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