Tail gator Com pany produces four versions of its modes 37-21 bicycle seat. The four versions have erent shapes, but their processing operations and production costs are identical. During three diffe July the following costs were incurred: Direct materials: Leather Metal frame Bolts 25,430 39,180 3,010 Materials handling: Labor Equipment depreciation Electrical power Maintenance 8,232 4,410 2,460 5,184 Assemb Direct labor 13,230 Engineering design: Labor Electrical power Engineering overhead 4,116 1,176 7,644 Overhead: Equipment depreciation Indirect labor Supervision Operating supplies Electrical power 7,056 30,870 17,640 4,410 10,584 21,168 52,920 Repairs & maintenance Building occupancy overhead -July's output totaled 29,400 units. Each unit requires three machine hours of effort. Materials handling costs are allocated to the products based on direct materials costs, engineering design costs are allocated based on units produced, and overhead is allocated based on machine hours. Assembly costs are allocated based on direct labor hours, which are estimated at 882 for July. During July Tailgator completed 520 bicycle seats for Job 14. The activity usage for Job 14 was as follows: direct materials, $1,150; direct labor hours, 15. REQUIRED 1. Compute the following activity cost rates: (a) materials handling cost rate, (b) assembly costs rate, (c) engineering design cost rate, and (d) overhead rate. Prepare a bill of activities for Job 14. Use activity-based costs to compute the job's total cost and product unit costs. (Round activity costs to the nearest dollar, and round unit costs to the nearest cent 2. 3