Required information [The following information applies to the questions displayed below. Phillips Sporting Goods manufactures various sporting goods including tennis rackets and golf clubs. The company's activity-based costing system has the following seven activity cost pools: Estimated Overhead Cost Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory $ 20,400 $ 2,000 $ 20,400 $18.400 $ 29,600 $ 79,200 $ 58,000 Expected Activity 10,000 direct labor-hours 8,000 machine-hours - 600 setups 400 orders 800 tests 3,600 packages 10,000 direct labor-hours Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Activity Rato por DLH por MH per setup per order per test per package per DLH CI Required information [The following information applies to the questions displayed below) Phillips Sporting Goods manufactures various sporting goods including tennis rackets and golf clubs. The company's activity-based costing system has the following seven activity cost pools: activity Coat Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Estimated Overhead Coat $ 20,400 $ 2.000 $ 20,400 $ 18,400 $ 29,600 $ 79,200 $ 58,000 Expected Activity 10,000 direct labor-hours 8,000 machine-hours 600 setup 400 orders 800 tests 3,600 packages 10,000 direct labor-hours 2. Compute the company's predetermined overhead rate, assuming that the company uses a single plantwide predetermined overhead rate based on direct labor-hours. (Round your answer to 2 decimal places.) Predetermined overhead rate per DLH