Calverton, Inc. produces two different products (Standard and Luxury) using two different activities: Machining, which uses machine hours as an activity driver, and inspection, which uses number of batches as an activity driver. The cost of Machining is $740,000, while the cost of Inspection is $44.400. Standard is assigned $399,600 in Machining cost, and $33,300 in Inspection cost. What proportion of Machining activity is used by Standard? Multiple Choice 54% 0 52 58% 77%