\begin{tabular}{l|l|} \hline 2 & \\ 3 & Meryl Manufacturing Company is a diversified manufacturer that manufactures three products (Sine, Cos and \\ 4 & Tan) in a continuous production process. Senior management has asked the controller to conduct an activity- \\ 5 & based costing study. The controller identified the amount of factory overhead required by the critical activities \\ 6 & of the organization as follows: \\ \hline 7 & \end{tabular} 2 3 Meryl Manufacturing Company is a diversified manufacturer that manufactures three products (Sine, Cos and Tan) in a continuous production process. Senior management has asked the controller to conduct an activitybased costing study. The controller identified the amount of factory overhead required by the critical activities of the organization as follows: 7 The activity-base usage quantities and units produced for the three products were determined from corporate records and are as follows: Each product requires 45 minutes per unit of machine time. Required: 1. Determine the activity rate for each activity. Round all per unit amounts to the neal 38 2. Determine the total and per-unit activity cost for all three products. Round all total costs to whole number and round all per unit amounts to the nearest 3. Why aren't the activity unit costs equal across all three products since they require the same machine time per unit? Type