(25 Pts.) Lowland Corporation is a job order costing company that uses activity-based costing to apply overhead to jobs. The following overhead activities were budgeted for the year. Activity Cost Driver Amount of driver setups $ 120,000 purchasing other overhead 80,000 150,000 number of setups number of parts direct labor hours 6,000 20,000 75,000 The following information about the jobs was given for September. Job 1 Job 2 Job 3 Job 4 Balance 9/1 $44,900 $60,700 $30,500 0 direct materials 54,000 37,000 25,000 41,000 direct labor 80,000 38,500 43,000 71,000 number of setups 40 10 30 200 number of parts 300 180 400 500 direct labor hours 5,000 2,400 5,200 1,200 By September 30, Jobs 1 and 3 were completed and sold. The remaining jobs were still in process. a. Calculate the activity rates for each ev D Inumber of setup number of parts 300 180 400 500 direct labor hours 5.000 2,400 5,200 1,200 By September 30, Jobs 1 and 3 were completed and sold. The remaining jobs were still in process. a. Calculate the activity rates for each overhead activity. (9 Pts.) (If needed, round to five decimal places.) b. Calculate the cost of Jobs 2 & 3 for September 30. (16 Pts.) (Round to the nearest dollar.) Job 1 Job 2 Job 3 Job 4