Megan Industries manufactures several products including a basis for a populaartphone. The company is considering adopting an activity-based costing budgeted activity costs, and cost drivers for the coming year are as follows Slow Time proach for setting its budget. The company's production activities Cost driver quantity Activity Machine setup Inspection Materials receiving Activity overheads $207 400 184.680 206.010 Cost driver of setup of quality tests of purchase orders The budgeted data for smart phone case production are as follows $2.40 per unit SO 57 per unit Direct materials Direct labor Number of setups Number of quality tests Number of purchase orders Production 56 20,940 units la Calculate the activity rate for each costpool Materials receiving