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Chipman Inc. produces water pumps. Overhead costs have been identified as follows: Activity Pool Material handling Machine maintenance Setups Cost $ 75,905.00 $108,300.00 $

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Chipman Inc. produces water pumps. Overhead costs have been identified as follows: Activity Pool Material handling Machine maintenance Setups Cost $ 75,905.00 $108,300.00 $ 76,384.00 Activity Driver Number of moves Number of machine hours Number of production runs Activity 470 36,100 62 Chipman makes 3 models of pumps with the following details: Economy Standard Premium Units produced Number of moves Machine hours Production runs 10,010 167 10,000 20,900 134 21,700 3,590 169 4,400 23 11 28 Required: a. Calculate the activity rate for each activity. (Round your answers to 2 decimal places.) Activity Pool Activity Rate Material Handling Machine Maintenance Setups

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