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 Cost Pool Labor-related Machine related Machine setups Production orders Product testing Packaging General factory Estimated Overhead Cost $ 19,600 $ 7,000 $ 23,400 $ 16,500 $ 22,400 $ 62,900 $ 60,000 Expected Activity 10,000 direct labor. hours 7,090 machine-hours 600 setups 500 orders 880 tests 3,700 packages 10,000 direct labor-hours Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) es Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product tosting Packaging General factory Activity Rate per DLH per MH per satup per order per test por package per DLH 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 Cost Pool Labor related Machine-related Machine setups Production orders Product testing Packaging General factory Estimated Overhead Cost $ 19,600 $ 7,000 $ 23,400 $ 16,500 $ 22,400 $ 62,900 $ 60,000 Expected Activity 10,000 direct labor hours 7,000 machine-hours 600 setups 500 orders 800 tests 3,709 packages 10,000 direct labor-hours 2. Compute the company's predetermined overhead rate, assuming that the company uses a single plantwide predetermines overhead rate based on direct labor-hours. (Round your answer to 2 decimal places.) Predetermined overhead rate per DLH