Calverton, Incorporated produces two products (Standard and Luxury) using two activities: Machining, which uses machine hours as the cost driver, and Inspection, which uses the number of batches as the cost driver. The cost of Machining is $620,000, while the cost of Inspection is $37,200. Standard is assigned $260,400 in Machining cost, and $22,320 in Inspection cost. What proportion of the Inspection activity is used by Standard? Multiple Choice 60% 31% 34% 40%