Monitor uses activity-based costing. Two of Monitor's production activities are kitting (assembling the raw materials needed for each computer in one kit) and boxing the completed products for shipment to customers. Assume that Monitor spends $12,000,000 per month on kitting and $19,000,000 per month on boxing. Monitor allocates the following: Kitting costs based on the number of parts used in the computer Boxing costs based on the cubic feet of space the computer requires Suppose Monitor estimates it will use 400,000,000 parts per month and ship products with a total volume of 29,687,500 cubic feet per month. Assume that each desktop computer requires 100 parts and has a volume of 6 cubic feet. What are the predetermined overhead allocation rates? (Round all calculations to the nearest cent.) A. B. Kitting $0.40 per part Kitting $33.33 per part Boxing $0.05 per cubic foot Boxing $1.56 per cubic foot # C. D. Kitting $0.03 per part Kitting $0.03 per part Boxing $0.64 per cubic foot Boxing $0.04 per cubic foot