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 Machining per machine hour Engineering 5 per engineering hour 3 more Check My Wonk uses temaining 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. \begin{tabular}{lc|l} Setups & $ & per setup \\ Machining & $ & per machine hour \\ Engineering & $ & per engineering hour \\ Packing & $ & per packing order \end{tabular} 2. Calculate the per-unit product cost for each product. Round your answers to the nearest whole dollar: Deluxe $ per unit Regular 5 per unit