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 Procurement $322,600 228,800 Activity Base Number of purchase orders Number of production orders Number of moves Number of engineering changes Machine hours Scheduling Materials handling Product development Production 476,300 700,300 1,537,700 Number of Purchase Orders Number of Production Orders Number of Moves Number of Engineering Machine Changes Hours Number of Units Disk drives 4,190 280 1,380 14 2,500 2,000 Tape drives 2,200 215 700 3 8,300 4,500 Wire drives 12,800 710 4,400 22 10,800 2,000 The activity rate for the product development cost pool is a. $7.958 per engineering change Ob. $15,916 per engineering change I OC 533,423 per engineering change Od. $71.622 per engineering Kange