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8. value 2.00 points Magnolia Company has identified seven activities as part of its manufacturing process and chosen corresponding activity drivers for each activity. The

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8. value 2.00 points Magnolia Company has identified seven activities as part of its manufacturing process and chosen corresponding activity drivers for each activity. The chart below lists the total cost of each activity, the amount of activity driver used for each of Magnolia's two products, the activity rate, and the activity cost assigned to each product. Fill in the blanks below: Activity Cost:Prod. 1 Activity Cost:Prod. 2 Activity Design Preparation Machining Finishing Inspection Packaging Shipping Driver Usage Activity Cost Activity Prod. 1 Prod. 2 Driver Rate $ 21,600 Design time 920 1.240 thour $ 18.570 Labor hours 3,170 /hour $ 93,240 Machine hours $ 18 hour Batches 206 310$ 49 batch Units $ 20 unit Orders 56 $ 316 /order $ 14,157 Packages 89 /package $ $ 9,510 29,520 $ 22.400 S 13,000 $ 12,640 $ 3,744

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