Georgetown Metal Works produces two types of metal lamps. Georgetown manufactures 30,000 basic lamps and 7,200 designer lamps. Its activity-based costing system uses two indirect-cost pools. One cost pool is for setup costs and the other for general manufacturing overhead. Georgetown allocates setup costs to the two lamps based on setup labour-hours and general manufacturing overhead costs on the basis of direct manufacturing labour-hours. It provides the following budgeted cost information. (Click the icon to view the information.) Calculate the total budgeted costs of the basic and designer lamps using Georgetown's activity-based costing system. Begin by calculating the overhead rates fot each of the two indirect.cost pools: setup costs and general manufacturing overhead. First select the formula; then enter the applicable amounts and calculate the rate. Begin with the overhead rate for set up costs. (Round the budgeted rate to the nearest dollar. Abbreviations used: MOH= Manufacturing Overhead.) Direct materials per lamp \begin{tabular}{llll} Basic Lamps & Designer Lamps & Total \\ \hline$ & 13 & $ & 18 \end{tabular} Direct manufacturing labour-hours per lamp 0.4 hours 0.9 hours Direct manufacturing labour rate per hour $30$30 Setup costs Lamps produced per batch 300 Setup-hours per batch 1 hour 3 hours General manufacturing overhead costs $231,600