Davis Company produces two hair dryers: regular and deluxe. The company has four activities: machining, engineering, receiving, and inspection. Information on these activities and their drivers is given below.

Regular		Deluxe		Total
Units produced		120,000		360,000
Prime costs		$9,600,000		$41,760,000
Machine hours		120,000		600,000
Engineering hours		200		1,800
Receiving orders		400		1,200
Inspection hours		1,000		2,000

Overhead costs:
Machining
Engineering
Receiving
Inspecting products

Required:

1. Calculate the four activity rates.

2. Calculate the unit costs using activity rates. Round your answers to the nearest cent.

3. If consumption ratios instead of activity rates were used to assign costs instead of activity rates, show the cost assignment for the inspection activity.

Required: 1. Calculate the four activity rates. \begin{tabular}{lll} Machining rate & $ & per machine hour \\ Engineering rate & $ & per hour \\ Receiving rate & $ & per order \\ Inspecting rate & $ & per hour \end{tabular} 2. Calculate the unit costs using activity rates. Round your answers to the nearest cent. Calculate the overhead cost per unit. Round your answers to the nearest cent