Chipman Inc. produces water pumps. Overhead costs have been identified as follows: Activity Pool Material handling Material maintenance Setups Cost $ 64,000.00 $111,000.00 $ 83,912.00 Activity Driver Number of moves Activity 400 Number of machine hours 37,000 Number of production runs 68 Chipman makes 3 models of pumps with the following details: Units produced Economy Standard Premium 10,110 21,500 3,590 Number of moves 97 Machine hours 9,300 132 20,900 171 6,800 Production runs 18 15 35 Required: a. Calculate the activity rate for each activity. (Round your answers to 2 decimal places.) Activity Pool Activity Rate 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.) Models Economy Standard Premium Cost