Chipman Incorporated, produces water pumps. Overhead costs have been identified as follows: Activity Pool Cost Material handling $ 65,000 Machine maintenance $ 95,000 Setups $ 75,000 Cost Driver Total Activity Number of moves 400 Number of machine hours 38,000 Number of production runs 60 Chipman makes three models of pumps with the following activity demands: Economy Standard Premium Units produced 10,000 20,000 3,500 Number of moves 100 125 175 Machine hours 9,000 22,000 7,000 Production runs 5 20 35 Required: Calculate the activity rate for each activity. Determine the amount of indirect costs assigned to each of the products