301 Calculator Activity Rates and Product Costs using Activity-Based Costing Lonsdale Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the futures. These activities and their assocated budgeted activity costs and activity bases are as follows: Budgeted Activity Activity Cost Activity Base Casting $260,260 Machine hours Assembly 216,790 Direct labor hours Inspecting 38,560 Number of inspections Setup 37,260 Number of setups Materials handling 44,590 Number of loads Corporate records were obtained to estimate the amount of activity to used by the two products. The estimated activity-base usage quantities and units produced follow: Activity Base Entry Dining Total Machine hours 5,310 4,700 10,010 Direct labor hours 4,560 6,850 11,410 Number of inspections 1,830 580 2,410 Number of setups 220 SO 270 Number of loads 720 190 910 Units produced 10,600 5,300 15,900 a. Determine the activity rate for each activity. If required, round the rate to the nearest dollar.