Churchill Products is considering updating its cost system to an activity-based costing system and is interested in understanding the effects. The company's cost accountant has identified three overhead cost pools along with appropriate cost drivers for each pool. Cost Pools Utilitios Scheduling and setup Material handling Costs $305,000 300,000 785,000 Activity Drivers 61,000 machine-hours 600 setups 1,570,000 pounds of material The company manufactures three models of water basins (Oval, Round, and Square). The plans for production for the next year and the budgeted direct costs and activity by product line are as follows Products Oval Total direct costs (maeril and labor) Total machine-hours Total number of setups Total pounds of material Total direct labor-hours Number of units produced $ 80,000 25,000 80 480,000 3,500 4,200 12,000 320 330,000 1,500 2,000 80,000 80,000 24,000 200 760,000 5,000 5,500 Required: a. The current cost accounting system charges overhead to products based on direct labor-hours. What unit product costs will be reported for the three products if the current cost system continues to be used? (Do not round intermediate calculations. Round "Per unit cost" answers to 2 decimal places.) Oval Round Square Total cost Per unit cost c. What are the cost driver rates for the three cost pools identified by the cost accountant? (Round your answers to 2 decimal places.) Utilities Scheduling and setup Material handling per machine hour per setup per pound