King Corporation's Factory Overhead is budgeted at $650,000 for the year; boring $300,000; drilling $100,000; setup, $120,000; and rolling, $130,000. King manufactures two products: Product X and Product Y. The activity-base usage quantities for each productby each activity are estimated as follows:

Boring: Product X 10,000 Machine hours; Product Y 20,000 Machine hours

Drilling: Product X12,500 DLHR; Product Y 7,500 DLHR

Setups: Product X 75 setups; Product Y 125 setups

Rolling: Product X 125 moves; Product Y 75 moves

Production for the year is budgeted for Product X is 8,000 and Product Y is 9,000.

REQUIRED: Determine the:

1.Activity rate for each activity. (Round to the nearest cent)

2.Activity-based factory overheadin total andper unit for each product. (Round to the nearest cent)