Chipman Inc. produces water pumps. Overhead costs have been identified as follows: Activity Pool Material handling Machine maintenance Setups Cost $ 76,475.00 $ 72,200.00 $80,470.00 Activity Driver Number of moves Number of machine hours Number of production runs Activity 475 36,100 65 Chipman makes 3 models of pumps with the following details: Units produced Number of moves Machine hours Production runs Economy 10,130 180 9,550 22 Standard 21,800 126 20,000 16 Premium 3,575 169 6,550 27 Required: a. Calculate the activity rate for each activity. (Round your answers to 2 decimal places.) Activity Pool Material Handling Machine Maintenance Activity RH $ 161.00 $ 2.00 $ 1,238.00 Setups