Activity Rates and Activity-Based Product Costing Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers: the deluxe and the regular, At the beginning of the year, the following data were prepared for this plant: In addition, the following information was provided so that overhead costs could be assigned to each product: 1. Calculate the overhead rates for each activity. If required, carry your answers out to the nearest cent. Setups per setup Mochining per machine hour In addition, the following information was provided so that overhead costs could be assigned to each product: Required: 1. Calculate the overhead rates for each activity. If required, carry your answers out to the nearest cent. 2. Calculate the per-unit product cost for each product. Round your answers to the nearest whole dollar. Deluxe per unit Regular per unit