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

Required information Gable Company uses three activity pools. Each pool has acost driver. Information for Gable Company follows: Activity Pools Machining Designing costs

Required information Gable Company uses three activity pools. Each pool has a cost driver. Information for Gable Company follows: Activity Pools Machining Designing costs Setup costs Total Cost of Pool $296,020 70,525 68,688 Cost Driver Number of design hours Number of batches Number of machine hours Estimated Cost Driver 77,900 7,750 480) Required: 1. Compute the activity rate for each activity. 2. Classify each activity as facility, product, batch, or unit level. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the activity rate for each activity. Note: Round your answers to 2 decimal places. Activity Machining Designing Costs Setup Costs Activity Rate per Machine Hour per Design Hour per Batch Required 1 Required 2 > Required information Gable Company uses three activity pools. Each pool has a cost driver. Information for Gable Company follows: Activity Pools Machining Designing costs Setup costs Total Cost of Pool $296,020 70,525 Cost Driver Number of machine hours Number of design hours 68,688 Number of batches Estimated Cost Driver 77,900 7,750 480 Required: 1. Compute the activity rate for each activity. 2. Classify each activity as facility, product, batch, or unit level. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Classify each activity as facility, product, batch, or unit level. Machining Designing costs Setup costs

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