Activity Pool Cost Activity Driver Activity Quality control $55,500 Number of 185 inspections Machine $87,400 Number of machine 19,000 maintenance hours Setups $75,000 Number of 60 production runs Pecan makes 3 models of valves with the following details: Economy Standard Premium Units produced 20,000 40,000 7,000 Number of inspections 5 40 140 Machine hours 4,500 12,000 2,500 Production runs 5 20 35 Required: 1. Calculate the activity rate for each activity. 2. Determine the amount of indirect costs assigned to each of the products