Chipman Inc. produces water pumps. Overhead costs have been identified as follows: Activity Pool Material handling Machine maintenance Setups Coot $76,000.00 $72,200.00 $75,274.00 Activity Driver Number of moves Number of machine hours Number of production runs Activity 475 36,100 61 Chipman makes 3 models of pumps with the following details: Unito produced Number of moves Machine hours Production runs Economy Standard Premium 10,200 20,600 3,580 175 132 168 9,050 20,200 6,850 20 16 25 Required: a. Calculate the activity rate for each activity. (Round your answers to 2 decimal places.) Activity Rato Activity Pool Material Handling Machine 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