Nile Company produces a variety of electronic equipment. One of its plants produces two laser printers the deluxe and the regular. At the beginning of the year, the following data were prepared for this plant:

	Deluxe	Regular
Quantity	100,000	800,000
Selling Price	$900	$750
Direct Materials & Labor	$529	$483

In addition, the following information was provided so that overhead costs could be assigned to each product:

Activity Name	Activity Driver	Deluxe	Regular	Activity Cost
Setups	Number of Setups	300	200	$2,000,000
Machining	Machine Hours	100,000	300,000	$80,000,000
Engineering	Engineering Hours	50,000	100,000	$6,000,000
Packing	Packing Orders	100,000	400,000	$100,000

Calculate the overhead rates for each activity.

Assign overhead costs for each activity to each product (e.g. how much Setup expense goes to Regular vs Deluxe)