Activity-Based Product Costing Davis Company produces two hair dryers: regular and deluxe. The company has four activities: machining, engineering, receiving, and inspection. Information on these activities and their drivers is given below. Regular Deluxe Total Units produced 80,000 240,000 Prime costs $6,560,000 $25,920,000 $32,480,000 Machine hours 80,000 400,000 480,000 Engineering hours 400 3,600 4,000 Receiving orders 500 1,500 2,000 Inspection hours 900 1,800 2,700 Overhead costs: Machining $5,280,000 Engineering 2,080,000 Receiving 700,000 Inspecting products 270,000 Required: