Chipman Inc. produces water pumps. Overhead costs have been identified as follows:

Activity Pool		Cost
Material handling	$	64,680.00
Material maintenance	$	109,500.00
Setups	$	79,232.00

Activity Driver	Activity
Number of moves	420
Number of machine hours	36,500
Number of production runs	64

Chipman makes 3 models of pumps with the following details:

	Economy	Standard	Premium
Units produced	10,050	20,500	3,520
Number of moves	113	134	173
Machine hours	9,850	20,300	6,350
Production runs	22	15	27

a. Calculate the activity rate for each activity. (Round your answers to 2 decimal places.) Activity Rate Activity Pool Material Handling Material Maintenance Setups b. Determine the amount of indirect costs assigned to each of the products. (Do not round your intermediate calculations. Round your answers to 2 decimal places.) Cost Models Economy Standard Premium