5 1 points Activity 8 Budgeted Cost Exercise 17-15 (Algo) Computing activity rates, overhead allocation, and cost per unit LO P3 Lucern Company reports the following for its overhead cost for the year. Budgeted Activity Usage 01:54:39 Engineering design $ 35,700 70 support changes machine Electricity Setup 35,600 76,500 3,560 hours 510 setups eBook Reference 1. Compute the activity rate for each activity using activity-based costing. 2. The company's Pro model used these activities to produce 2,000 units during the year: 2 design changes, 150 machine hours, and 14 setups. Allocate overhead cost to the Pro model and compute its overhead cost per unit using activity-based costing. Complete this question by entering your answers in the tabs below. Required Required 1 2 Compute the activity rate for each activity using activity-based costing. Activity Budgeted Cost Engineering support Electricity Setup Budgeted Activity Usage Activity Rate < Required 1 Required 2 >