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please answer ASAP Activity-Based Product Costing Davis Company produces two hair dryers: regular and deluxe. The company has four activities: machining, engineering, receiving, and inspection.

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Activity-Based Product Costing Davis Company produces two hair dryers: regular and deluxe. The company has four activities: machining, engineering, receiving, and inspection. Information on these activities and their drivers is given below. Required: 1. Calculate the four activity rates. Machining rate per machine hour Engineering rate per hour Receiving rate per order. 1. Calculate the four activity rates. 2. Calculate the unit costs using activity rates. Round your answers to the nearest cent. Calculate the overhead cost per unit. Round your answers to the nearest cent

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