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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

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 $ 233,500 Number of parts
Material insertion 2,492,000 Number of parts
Automated machinery 848,500 Machine hours
Finishing 187,000 Direct labor hours
Packaging 187,000 Orders shipped
Total $ 3,948,000

The following information pertains to the three product lines for next year:

Economy Standard Deluxe
Units to be produced 11,700 6,700 3,700
Orders to be shipped 1,170 670 370
Number of parts per unit 27 32 42
Machine hours per unit 18 20 22
Labor hours per unit 19 19 19

What is Barnetts pool rate for the material-insertion activity?

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