Activity Rates and Product Costs using Activity-Based Costing Lonsdale Inc. mandares entry and ning room lighting futures. Five activities were madaming the fratures. These active and their secated budgetet ctety costs and activity bases are as follows Budgeted Activity Activity Cost Activity Base Casting $270,570 Machine hours Assembly 180,830 Direct laber hours Inspecting 35 5400 Number of pections Setup 52,700 Number of setups Material handling 49,220 Number of loads Corporate records were obtained to estimate the amount of activity to be used by the products. The estimated activity base a questi produced Activity Base Entry Dining Total Machine bouts 4.440 4.390 9,330 Direct labor hours 4,260 6380 10,640 Number of inspections 2100 660 2,760 Number of setups 280 60 340 Number of loads B50 220 1,070 Units produced 9800 4,900 14,700 a. Determine the activity rate for each activity. If required, round the rate to the nearest dollar. a. Determine the activity rate for each activity. If required, round the rate to the nearest dollar. Activity Activity Rate per machine hour Casting Assembly Inspecting Setup per direct labor hour per inspection 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 amounts to the nearest cont. Product Total Activity Cost Activity Cost Per Unit Entry Lighting Fixtures Dining Room Lighting Fixtures Single plantwide factory overhead rate Bach instruments Inc, makes three musical instruments: flutes, cannets, and oboes, the budgeted factory overhead cost is $123,000. Overhead is located to the three bron the basis of direct labor hours. The products have the following budgeted production volume and direct labor hours per unit: Budgeted Production Direct Labor Hours Per Volume Flutes 2,700 units 0.6 Clarinets 800 Oboes 1,000 If required, round all per unit answers to the nearest cent. a. Determine the single plantwide overhead rate, per direct labor hour b. Use the overhead rate in (a) to determine the amount of total and per unit overhead allocated to each of the three products Total Per Unit Factory Overhead Cost Factory Overhead Cost Flutes Clarinets Oboes Total Previous