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Activity Cost Driver Scientific Graphing Machining $450,000 Machine hours 30,000 60,000 Setups $103,500 Number of setups 45 45 Inspections $90,000 Inspection hours 1,200 600 What are the activity rates for Machining, Setups, and Inspections, that would be used to assign costs to each product line? $4.00, $1,200.00, and $65.00, respectively $5.50, $1,220.00, and $62.00, respectively None of these options is correct. $5.00, $1,150.00, and $50.00, respectively Which of the following does budgeting NOT provide? Support for the management functions of planning and coordination, An ethical framework for decision making. A means to communicate the organization's short-term goals to its members. A means to anticipate problems. For 2022. Baune Inc. estimated that one unit of its most popular products would require 0.04 labour hours at a labour rate of $26 per direct labour hour. During October, the company produced and sold 11,000 units. To produce those units, the company incurred 0.042 labor hours per unit at an average wage of $25.50 per hour. What is the labour rate variance for October? $231 favourable None of these options is correct. $256 unfavourable $256 favourable $231 unfavourable