Mia Company uses activity-based costing and reports the following for this year. Activity Cutting Assembly Budgeted Cost $33,600 88,000 Activity Cost Driver Machine hours (MH) Direct labor hours (DLH) Total $ 121,600 (a) Compute an activity rate for each activity using activity-based costing. (b) Allocate overhead costs to a job that uses 34 machine hours and 29 direct labor hours. Budgeted Activity Usage 4,800 machine hours 8,800 direct labor hours