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 $840,000, while the cost of Inspection is $50,400. Standard is assigned $537,600 in Machining cost, and $37,800 in Inspection cost. What proportion of Machining activity is used by Standard? Multiple Choice 64% 67% 82% 72%