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7. Assume that the following activity usage is provided for each of the two products: Product Direct labor hours Machine hours Setup Crimping pliers 10,000

7. Assume that the following activity usage is provided for each of the two products: Product Direct labor hours Machine hours Setup Crimping pliers 10,000 55,000 70 Crown scissors 10,000 35,000 40 a. Using the total budgeted costs calculated in Requirement 5, calculate a manufacturing cost rate per direct labor hour and use this rate to assign the manufacturing costs to each product line. Round your answer to two decimal places. fill in the blank 1 of 1$ per DLH Line Item Description Amount Cost assign

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