Book Calculator Print Item Garfield Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the fixtures. These activities and their associated budgeted activity costs and activity bases are as follows: Budgeted Activity Activity Cost Activity Base Casting $259,840 Machine hours Assembly 169,280 Direct labor hours Inspecting 34,840 Number of inspections Setup 48,240 Number of setups Materials handling 44,100 Number of loads Corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activity-base usage quantities and units produced follow: Activity Base Entry Dining Total Machine hours 4,920 4,360 9,280 Direct labor hours 4,230 6,350 10,580 Number of inspections 2,040 640 2,680 Number of setups 290 70 360 Number of loads 830 220 1,050 Units produced 9,800 4,900 14,700 a. Determine the activity rate for each activity. If required, round the rate to the nearest dollar. Activity Activity Rate M J USSIDIILUcatole assignment-take&inprogress false eBook VIS DE Calculator Print Item H Machine hours 4,920 4,360 9,280 Direct labor hours 4,230 6,350 10,580 Number of inspections 2,040 640 2,680 Number of setups 290 70 360 Number of loads 830 220 1,050 Units produced 9,800 4,900 14,700 a. Determine the activity rate for each activity. If required, round the rate to the nearest dollar. Activity Activity Rate Casting per machine hour Assembly per direct labor hour Inspecting per inspection Setup per setup Materials handling per load b. Use the activity rates in (a) to determine the total and per-unit activity costs associated with each product. Round the per unit rates to the nearest cent. Product Total Activity Cost Activity Cost Per Unit Entry Lighting Fixtures Dining Room Lighting Fixtures