HiTech Products manufactures three types of remote-control devices: Economy, Standard, and Deluxe. The company, which uses activity-based costing, has identified five activities (and related cost drivers). Each activity, its budgeted cost, and related cost driver is identified below.

The following information pertains to the three product lines for next year:

What is HiTech's pool rate for the automated machinery activity?

		$24.00 per machine hour.
		$24.50 per labor hour.
		$49.42 per unit.
		$50.00 per machine hour.
		None of the other answers is correct.

Cost Driver Number of parts Number of parts Machine hours Direct labor hours Orders shipped Activity Cost Material handling Material insertion Automated machinery Finishing Packaging Total S 225,000 2,475,000 840,000 170,000 170.000 $3,880,000