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Chipman Inc. produces water pumps. Overhead costs have been identified as follows: Activity Pool Material handling Machine maintenance Setups Cost $ 66,150.00 $ 111,600.00 $ 81,444.00 -43:17 Activity Driver Number of moves Number of machine hours Number of production runs Activity 420 37,200 66 ok Chipman makes 3 models of pumps with the following details: Units produced Number of moves Machine hours Production runs Economy 10,120 119 9,650 15 Standard Premium 20,100 3,535 128 173 21,600 5,950 19 32 Required: a. Calculate the activity rate for each activity. (Round your answers to 2 decimal places.) Activity Rate Activity Pool Material Handling Machine Maintenance Setups