Chipman Incorporated, produces water pumps. Overhead costs have been identified as follows: Chipman makes three models of pumps with the following activity demands: Required: a. Calculate the activity rate for each activity. b. Determine the amount of indirect costs assigned to each of the products. Complete this question by entering your answers in the tabs below. Calculate the activity rate for each activity. Note: Round your answers to 2 decimal places. Chipman Incorporated, produces water pumps. Overhead costs have been identified as follows: Chipman makes three models of pumps with the following activity demands: Required: a. Calculate the activity rate for each activity. b. Determine the amount of indirect costs assigned to each of the products. Complete this question by entering your answers in the tabs below. Determine the amount of indirect costs assigned to each of the products. Notet Do not round your intormediate calculations. Round your answers to 2 decimal places