Activity rates and product costs using activity-based cost Idris Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the fixtures. These activities and their associated budgeted activity costs and activity bases are as follows: Budgeted Activity Cost Activity Base Activity Casting Assembly Inspecting Setup $335,940 Machine hours 220,590 Direct labor hours 32,480 Number of inspections 38,640 Number of setups 36,960 Number of loads Materials handling Corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activity-base usage quantities and units produced follow: Activity Base Entry Dining Total Machine hours 5,400 4,780 10,180 Direct labor hours 4,640 6,970 11,610 Number of inspections. 1,540 490 2,030 Number of setups 230 50 280 Number of loads 660. 180 840 Units produced 10,800 5,400 16,200 a. Determine the activity rate for each activity. If required, round the rate to the nearest dollar. Check My Work Previous Next Machine hours 5,400 4,780 10,180 Direct labor hours 4,640 6,970 11,610 Number of inspections 1,540 490 2,030 Number of setups 230 50 280 Number of loads 660 180 840 Units produced 10,800 5,400 16,200 a. Determine the activity rate for each activity. If required, round the rate to the nearest dollar. Activity Casting Assembly Inspecting Setup Activity Rate per machine hour per direct labor hour per inspection per setup CO Materials handling per load b. Use the activity rates in (a) to determine the total and per-unit activity costs associated with each product. Round the per unit amounts to the nearest cent. Product Entry Lighting Fixtures Total Activity Cost Activity Cost Per Unit Dining Room Lighting Fixtures