assignment-takedonprogress false * 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 90,000 270,000 Prime costs $6,840,000 $29,700,000 $36,540,000 Machine hours 90,000 450,000 540,000 Engineering hours 200 1,800. 2,000 Receiving orders 200 600 800 Inspection hours 900 1,800 2,700 Overhead costs: Machining $7,020.000 Engineering 820,000 Receiving 280,000 Inspecting products 270.000 Required: