Consumption Ratios; Activity Rates Bienestar Company produces two types of get-well cards: scented and regular. Drivers for the four activities are as follows: The following activity data has been collected: Required: 1. Calculate the consumption ratios for the four drivers. Round your answers to two decimal places. 2. Which of the following statements indicate there is product diversity? Significant variation in the consumption ratios from driver to driver. Explain the significance of product diversity for decision-making if the company chooses to use machine hours to assign all overhead. If machine hours are used as the only driver, cards would receive 27% of the overhead, and cards would receive 73% of the overhead. Yet, the cards consume well over 67% of the non-machine related overhead. Thus, the Scented cards are the Regular cards are . This inaccuracy can adversely affect many decisions, including pricing, keep or drop, and cost-volume-profit. 3. Calculate the activity rates that would be used to assign costs to each product. Round your answers to the nearest cent. 4. Suppose that the budget for inspection is $51,000 for the coming year and that the activity rate for inspecting products is $25 per inspection hour. How many hours of inspection are expected for the coming year? If required, round your answer to nearest whole number of hours. inspection hours