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6 Activity Rates and Activity-Based Product Costing Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers the deluxe

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Activity Rates and Activity-Based Product Costing Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers the deluxe and the regular. At the beginning of the year, the following data were prepared for this plant: Quantity Deluxe 100.000 $900 $529 Regular 300.000 $750 Selling price Unit prime cost In addition, the following information was provided so that overhead costs could be assigned to each product: Activity Name Activity Driver Deluxe Regular Activity Cost Setups Number of setups Machining Machine hours 100.000 200 300,000 100.000 Engineering Engineering hours 50.000 packing Packing orders 100 000 400.000 Required: 1. Calculate the overhead rates for each activity. If recred carry your answers out to the nearest cent per machine hour Engineering per engineering hour per packing order 2. Calculate the per-unit product cost for each product. Round your answers to the nearest whole dotar. uantity Deluxe 100,000 $900 Regular 800,000 $750 elling price Jnit prime cost $529 $483 In addition, the following Information was provided so that overhead costs could be assigned to each product: Activity Name Activity Driver Deluxe Regular Activity Cost Setups Number of setups 200 $1.900,000 Machining Machine hours 300,000 300 100,000 50,000 100,000 Engineering Engineering hours 100,000 400,000 68,000,000 10,500,000 150,000 Packing Packing orders Required: 1. Calculate the overhead rates for each activity. If required, carry your answers out to the nearest cent. Setups per setup Machining per machine hour Engineering per engineering hour Packing per packing order 2. Calculate the per unit product cost for each product. Round your answers to the nearest whole dollar. Deluxe per unit Regular per unit

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