GERIAL-CH#1-4-SP18 ers the queestion Place your selection on the asuwer sheet. Nifty Company porduces three modesl of aluminum skateboards. The models have minor differences, but their processing operations and production costs are identical. During June the following costs were incurred Direct materials: Aluminum frame Bolts 162,524 3,876 Purchased parts Wheels Decals 74,934 Materials handling (assigned based on direct materials costs) Utilities Maintenance Depreciation 4,438 914 876 Assembly line (assigned based on labor hours) Labor 46,080 Setup (assigned based on number of setups) Labor Supplies Overhead 6,385 762 3,953 Product testing (assigned based on machine hours) Labor Supplies 2,765 435 Building occupancy (assigned based on machine hours) 5,767 2,452 3,781 Depreciation Repairs & maintenance For June output totaled 32,000 skateboards. Each board required 1.5 machine hours of effort. During June Nifty's assembly line worked 2,304 hours, performed 370 setups, and 64,000 product tests, and completed an order for 1,000 skateboards Required: Compute the following activity cost rates: a) materials handling cost rate b) assembly line cost rate, c) setup cost rate, d) product testing cost rate, and e) building occupancy cost rate