Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below. Activity Cost $370,000Number of purchase orders Activity Base Procurement Scheduling Materials handling Product development Production 50,000 Number of production orders 500,000Number of moves 730,000Number of engineering changes 1,500,000 Machine hours Number ofNumber of Number Number of Production of Engineering Machineof OrdersMoves ChangesHoursUnits 10 Orders 4,000 4,000 12,000 2,000 8,000 10,000 1,400 Disk drives Tape drives Wire drives 4,000 2,500 150 10 4,000 Determine the activity rate for product development per change. , $30,417 Ob. $73,000 Oc. $16,222 Od. $8,588