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 Material insertion Automated machinery Finishing Packaging Total Cost $ 232,000 2,489,000 847,000 184,000 184,000 $3,936,000 Cost Driver Number of parts Number of parts Machine hours Direct labor hours Orders shipped The following information pertains to the three product lines for next year: Economy 11,400 1 Standard 6,400 640 Deluxe 3,400 340 140 Units to be produced Orders to be shipped Number of parts per unit Machine hours per unit Labor hours per unit What is Barnett's pool rate for the material-Insertion What is Barnett's pool rate for the material-Insertion activity? Multiple Choice $4.21 per part. $18.77 per part. $6.03 per labor hour. $15.00 per part None of the answers is correct