18. (17 pts) The Klamath Corp. produces two products, saws and drills. Three activities are used in their manufacture. These activities and their associated costs and bases are as follows: Activity Stamping Assembly Setup Budgeted Costs $200,000 $400,000 $30,000 Activity Base Machine hours Labor hours number of setups Activity base Saws Drills Total machine hours 4,000 6,000 10,000 labor hours 7,000 13,000 20,000 number of setups 3 12 15 Units produced 500 600 Requirements: a) (3pts each) Determine the activity rate for each activity. Stamping Assembly Setup b) (4 pts each) Determine the overhead cost per unit allocated for each product Saws Drills