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

Activity Pool Cost

Material handling$80,437.50

Material maintenance$108,300.00

Setups$77,931.00

Activity DriverActivity

Number of moves495

Number of machine hours36,100

Number of production runs63

Chipman makes 3 models of pumps with the following details:

EconomyStandardPremium

Units produced10,11021,6003,525

Number of moves186134175

Machine hours9,10020,4006,600

Production runs201033

Required:

a. Calculate the activity rate for each activity. (Round your answers to 2 decimal places.)

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.)