Miramar Industries manufactures two products: A and B. The manufacturing operation involves three overhead activities-production setup, material handling, and general factory activities. Miramar uses activity- based costing to allocate overhead to products. An activity analysis of the overhead revealed the following estimated costs and activity bases for these activities: Activity Production setup Material handling General overhead Cost $250,000 150,000 80,000 Activity Base Number of setups Number of parts Number of direct labor hours Each product's total activity in each of the three areas are as follows: avan 157 Number of setups Number of parts Number of direct labor hours Product A 100 40,000 8,000 Product B 300 20,000 12,000 The a What is the activity rate for production setup? a. $2,500 per setup b. $400 per setup c. $833 per setup d. $625 per setup $80, $80,0 $3.80 o the ommer