Lonsdale Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the fixtures. These activities and their associated budgeted activity costs and activity bases are as follows: Budgeted Activity Activity Cost Activity Base Casting 5525,000 Machine hours Assembly 50,000 Direct labor hours Inspecting 47,000 Number of inspections Setup 30,000 Number of setups Materials handling 42,300 Number of loads Corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activity-base usage quantities and units produced follow: Activity Base Entry Dining Total Machine hours 4,740 10,260 15,000 Direct labor hours 1,500 1,000 Number of inspections 680 1,000 Number of setups 240 160 400 Number of loads 580 320 900 Units produced 2,900 4,600 7,500 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. 2,500 320 Open spreadsheet a. Determine the activity rate for each activity. If required, round the rate to the nearest dollar. Activity Activity Rate Casting $ per machine hour Assembly $ per direct labor hour Inspecting $ per inspection $ per setup $ per load Setup Materials handling b. Use the activity rates in (a) to determine the total and per-unit activity costs associated with each product. Round the per unit rates to the nearest cent. Product Total Activity Cost Activity Cost Per Unit Entry Lighting Fixtures $ Dining Room Lighting Fixtures S S