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A company produces two different products: Model A and Model B . Activity, budgeted cost, and budgeted activity usage information follows. Model A requires direct

A company produces two different products: Model A and Model B. Activity, budgeted cost, and budgeted activity usage information follows. Model A requires direct materials of $142 per unit and direct labor of $112 per unit. Model B requires direct materials of $102 per unit and direct labor of $132 per unit.
\table[[Process,Activity,Budgeted Cost,Cost Driver,\table[[Budgeted Activity],[Usage]]],[Assembly,Machining,$328,240,Machine hours (MH),7,460],[Setups,26,884,Number of setups,188],[,$355,124,,],[Quality,Inspections,$224,680,Number of inspections,820]]
Actual units produced and activities used follow.
\table[[Units and Activities,Model A,Model B],[Units produced,4,040,2,540],[Machine hours,2,420,5,040],[Setups,64,124],[Inspections,550,270]]
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Required 1
Use activity-based costing to compute the activity rate for each activity,
\table[[Activity,Budgeted Cost,Budgeted Activity Usage,Activity Rate],[Machining,,,,]]
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