QUESTION 1 Miramar Industries manufactures two products, A and B. The manufacturing operating involves three overhead activities - production setup, material handling, and general factory activities. Miramar uses activity-based costing to allocate overhead to products. An activity analysis of the overhead revealed the following estimated costs and activity bases for these activities: Activity Production Setup Material Handling General Overhead Cost $250,000 $150,000 $80,000 Activity Base Number of setups Number of parts Number of direct labor hours Each product's total activity in each of the three areas are as follows: Number of setups Number of parts Number of direct labor hours Product A 100 40,000 18,000 Product B 300 20,000 12.000 What is the activity rate for Production Setup? O A. $2,500 per setup B. $833 per setup C. $625 per setup D. $400 per setup QUESTION 2 + What is the activity rate for Material Handling? O A $1.50 per part B. $3.75 per part C. $7.50 per part D. $2.50 per part QUESTION 3 What is the activity rate for General Overhead? OA. $4.00 per direct labor hour B. $60.00 per direct labor hour C. $6.67 per direct labor hour D. $10.00 per direct labor hour QUESTION 4 What is the total overhead allocated to Product A using activity-based costing? O A $194,500 OB. $162,500 OC. $32,000 OD. $224,000