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Problem 1. Need help with the grey shaded areas! Please include formulas. The activity-base usage quantities and units produced for the three products were determined

Problem 1. Need help with the grey shaded areas! Please include formulas.

image text in transcribed The activity-base usage quantities and units produced for the three products were determined from corpora Each product requires 45 minutes per unit of machine time. Required: 1. Determine the activity rate for each activity. Round all per unit amounts to the nearest cent. Formula: Activity rate = Activity cost pool Number of activity base

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