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PART II: Directions. Read the problems carefully, analyze and solve them. Write legibly your answer and attach your works. (30 Marks) 1. Petite Corporation has provided the following data from its activity-based costing system. (10 Marks) Activity Cost Pool Assembly Processing Orders Inspection Total Cost $ 850,000 $ 60,000 $ 80,000 Total Activity 50,000 Machine Hours 2,000 Orders 2,000 Inspection - hours Data concerning the company's product Petite appear below: Selling Price per Unit $ 124.00 Direct Materials Cost Per Unit $ 45.00 per Unit Direct labor Cost Per Unit $35.00per Unit Annual Unit Production and Sales 410 Annual Machine - Hours 700 Annual Number of Orders 30 Annual Inspection Hours 30 From the given information, find the answers for the following questions: A. Activity rate for total assembly cost? (2 marks) B. Activity rate processing orders cost pool? (2 marks) C. Activity rate for inspection cost pool? (2 marks) D. Total activity cost rate for ABC? (2 marks) E. Average Cost of production for ABC? (2 marks)