Activity Rates and Product Costs using Activity-Based Costing Garfield 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 Activity Cost Activity Base Casting $261,040 Machine hours Assembly 217,550 Direct labor hours Inspecting 44,000 Number of inspections Setup 42,630 Number of setups Materials handling 36,660 Number of loads 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 5,320 4,720 10,040 4,580 6,870 11,450 Machine hours Direct labor hours Number of inspections Number of setups 2,090 660 2,750 230 60 290 Number of loads 740 200 940 Units produced 10,600 5,300 15,900 a. Determine the activity rate for each activity. If required, round the rate to the nearest dollar. . Activity Activity Rate Casting per machine hour Assembly per direct labor hour Inspecting $ per inspection Number of loads 740 200 940 Units produced 10,600 5,300 15,900 a. Determine the activity rate for each activity. If required, round the rate to the nearest dollar. Activity Activity Rate Casting per machine hour Assembly per direct labor hour Inspecting per inspection Setup $ per setup 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 rates to the nearest cent. Product Total Activity Cost Activity Cost Per Unit Entry Lighting Fixtures $ $ Dining Room Lighting Fixtures $ $