Barnett Products manufactures three types of remote-control devices: Economy, Standard, and Deluxe. The company, which uses activity-based costing, has identified five activities (and related cost drivers). Each activity, its budgeted cost, and related cost driver is identified below. Activity Cost Cost Driver Material handling Material insertion Automated machinery Finishing $ 235,000 025748 Number of parts 2,495,000 850,000 Number of parts Machine hours 190,000 Direct labor hours Packaging Orders shipped 190,000 $3,960,000 Total The following information pertains to the three product lines for next year: Economy Standard Deluxe Units to be produced 12,000 7,000 4,000 Orders to be shipped Number of parts per unit Machine hours per unit Labor hours per unit 1,200 700 400 30 35 45 21 23 25 22 22 22 What is Barnett's pool rate for the material-insertion activity? 3 What is Barnett's pool rate for the material-insertion activity? 3 Multiple Choice 02:57:33 $3.18 per part $13.86 per part. $4.56 per labor hour $21.00 per part None of the answers is correct