Activity Based Product Costing Davis Company produces the regular and one. The company has for the machine enginn, we normation on the whole Regular Deluxe Total Uits produced 300,000 200.000 316.000.000 500,000,000 375,000,000 Machine Hours 300,000 1.000.000 1.200,000 Engineering hours 800 7,200 8.000 Receiving orders 1.200 Inspection hours 1.600 3,200 4.500 300 Overhead costs: Machining Engineering Receiving Inspecting products Required 524,000,000 3,000,000 2.240.000 1.440.000 1. Calculate the four activitate per machine per hour Machining rate Engineering rate Receiving rate Inspecting rate Decode 2. Calculate the unit costs using city rates Round your answers to the nearest cent. Unit cost $24,000,000 Overhead costs: Machining Engineering Receiving Inspecting products 8,000,000 2,240,000 1,440,000 Required: 1. Calculate the four activity rates, Machining rate per machine hour Engineering rate per hour per order Receiving rate Inspecting rate per hour 2. calculate the unit costs using activity rates. Round your answers to the nearest cent. Unit cost Regular per unit Deluxe per unit Calculate the overhead cost per unit. Round your answers to the nearest cent. Overhead Cost Regular per unit Deluxe per unit