Melio Manufacturing Company is a diversified manufacturer that manufactures three products (Alpha, Beta, and Omega) in a continuous production process. Senior management has asked the controller to conduct an activity-based costing study. The controlier identified the amount of factory overhead required by the crtical activities of the organization as follows: 1 Activity Activity Cost Pool 2 Production $278.280.00 82,677.00 1 Setup Material handling Inspection Product engineering 11.110,00 54,918.00 144,361.00 Total $571346.00 The activity bases identified for each activity are as follows: Activity Production Activity Base Machine hours Number of setups Setup Material handling Number of parts Inspection Number of inspection hours Product engineering Number of engineering hours The activity-base usage quantities and units produced for the three products were determined from corporate records and are as follows: Machine Number of Number of Number of Number of Hours Setups Parts Inspection Hours Engineering Hours Units Alpha 1,057 64 84 475 113 1,374 Beta 861 109 164 317 172 935 Omega 401 208 257 225 218 488 Total 2,319 381 505 1,017 503 2.797 Each product requires 40 minutes per unit of machine time. Required: Complete the Activity Tables for Alpha, Beta and Omega. 1. Determine the activity rate for each activity 2. Use the activity rates in (1) to determine the total and per-unit activity costs associated with all three products. 3. Why aren't the activity unit costs equal across all three products since they require the same machine time per unit? *if required, round all per-unit amounts to the nearest cent