Activity rates and product costs using activity-based costing Lonsdale 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 aims are as fika Activity Casting Assembly Inspecting Setup Materials handling Budgeted Activity Cost Activity Base $465,000 Machine hours 36,000 Direct labor hours 46,200 Number of inspections Number of setups 50,400 54,600 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 folow Activity Base Total Entry Dining Machine hours 4,740 10,360 15,000 Direct labor hours 1,200 800 2,000 Number of inspections 510 590 1,100 Number of setups 360 240 600 Number of loads 310 740 1,050 Units produced 2,400 3,600 6,000 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below Open spreadsheet Check My Work Previous