Consumption Ratios; Activity Rates Saludable 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: 1. Calculate the consumption ratios for the four drivers. Round your answers to two decimal places. 1. Calculate the consumption ratios for the four drivers. Round your answers to two decimal places. 2. Which of the following itatements indicate there is product diversity? Explain the signuficance of product diversty for decision making if the company chooses to use machine hours to assign ali oyerhead. If machine hours are used as the only driver, Yet, the cards would receive 24% of the overhead, and cards consume well over 67% of the non-machine related overhesd. Thus, the scented cards are This inoccuracy can adversely affect meny decisons, including pricine. keep or drop, and cost volume-profir. 3. Caiculate the activity rates that would be used to assign costs to each product. Round your answers to the nearest cent. 2. Which of the foliowing statements indicate there is product diversity? Explain the significance of product diversity for decision making tf the company chooses to use machine hours to assign all overheod. If machine hours are used as the only driver, Yet, the cards would receive 24% of the overhead, and cards consume well over 67% of the non-machine related overhead. Thus, the Scented cards are. cards would receive 76% of the overhedd . This inaccuracy can adversely alfect 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. Pound your answers to the nearest cent. 4. Suppose that the activity rate for inspectang oroducts is $20 per inspection hour. How maay hours of inspection are expected for the coming year? if required, round your answer to nearest whole number of hours. inspection bours