Write your answer in the space provided or on a separate sheet of paper. Howell Corporation's activity-based costing system has three activity cost pools--Machining. Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Equipment depreciation (total) - 1abor (total) .. in the Setting Up cost pool are assigned to pro Required: a. Assign overhead costs to activity cost pools using activity-based costing. b. Calculate activity rates for each activity cost pool using activity-based costing. c. Determine the amount of overhead cost that would be assigned to each product using activitybased costing. d. Determine the product margins for each product using activity-based costing