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Activity Rates and Activity-Based Product Costing Hammer 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 Quantity Selling price $750 Unit prime cost $483 In addition, the following information was provided so that overhead costs could be assigned to each product: Activity Name Activity Cost Setups Machining Engineering Packing Required: Setups Machining 100,000 $ $900 $529 Activity Driver Number of setups Machine hours Regular 800,000 Engineering hours Packing orders Deluxe per setup per machine hour 300 100,000 50,000 100,000 Regular 200 300,000 100,000 400,000 1. Calculate the overhead rates for each activity. If required, carry your answers out to the nearest cent. $2,100,000 48,000,000 12,000,000 150,000

Activity Rates and Activity-Based Product Costing Hammer 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: In addition, the following information was provided so that overhead costs could be assigned to each product: Required: 1. Calculate the overhead rates for each activity. If required, carry your answers out to the nearest cent. Setups per setup Machining per machine hour In addition, the following information was provided so that overhead costs could be assigned to each product: Required: 1. Calculate the overhead rates for each activity. If required, carry your answers out to the nearest cent. 2. Calculate the per-unit product cost for each product. Round your answers to the nearest whole dollar. Deluxe per unit Regular per unit