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. 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 23% of the overhead, and cards would receive 77% of the overhead. Yet, the cards consume well over 57% of the non-machine related overhead. Thus, the Scented cards are , and 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 $58,000 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