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Chipman Inc. produces water pumps. Overhead costs have been identified as follows: Activity Pool Material handling Material maintenance Setups Cost $71.530.00 $74,800.00 $83,776.00 Activity 460 Activity Driver Number of moves Number of machine hours Number of production runs 37.400 Chipman makes 3 models of pumps with the following Units produced Number of moves Machine hours Production runs Economy Standard Premium 10,070 20,500 3,560 165 125 170 9,550 20,100 7.750 23 18 27 Required: a. Calculate the activity rate for each activity. (Round your 2 decimal places.) Activity Rate Activity Pool Material Handling Material Maintenance Setups each b. Determine the amount of indirect costs assigned to your answers to 2 decimal places.) the products. (Do not round your intermediate calculations. Round Cost Models Economy Standard Premium TI