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Chipman Inc. produces water pumps. Overhead costs have been identified as follows: Activity Pool Material handling Machine maintenance Setups Cost $65,155.00 $74,200.00 $77,931.00 Activity Driver Number of moves Number of machine hours Number of production runs Activity 415 37,100 63 Chipman makes 3 models of pumps with the following details: Units produced Number of moves Machine hours Production runs Economy Standard Premium 10,060 20,000 3,530 121 127 167 9,900 20,500 6,700 12 19 32 Required: a. Calculate the activity rate for each activity. (Round your answers to 2 decimal places.) Activity Rate Activity Pool Material Handling Machine Maintenance Setups