Cottonwood, Inc. produces two different products (Standard and Luxury) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The cost of Machining is $176,000, while the cost of Inspection is $44,000. Standard uses 25% of total machine hours and 60% of total batches. What is the total activity cost assigned to Standard? Multiple Choice $70,400 $44,000 $26,400 $149,600