Chipman Inc. produces water pumps. Overhead costs have been identified as follows: Activity Pool Material handling Machine maintenance Setups Cont $ 64,400.00 $112,200.00 $ 79,104.00 Activity Driver Number of noves Number of machine hours Number of production runs Activity 400 37,400 64 Chipman makes 3 models of pumps with the following details: Economy Standard Premium Units produced Number of moves Machine hours. Production runs 10,020 102 9,250 19 21,500 131 20,300 11 3,505 167 7,850 34 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