Taylor Corporation produces two models of their leather brief cases: deluxe and standard. The four activities and four drivers are as follows in excel

1). Calculate the consumption ratios for the four drivers, rounding to 2 decimal places.

2). Calculate the activity rates that would be used to assign costs to each product. Round your answer to two decimal places.

Activites Cutting Assembling Inspecting Reworking $ $ $ $ Cost Driver 96,000.00 Cutting hours 42,000.00 Assembly hours 15,000.00 Inspection hours 8,000.00 Rework hours Hours Deluxe Standard 2,200 1,300 1,150 980 800 500 20 35 Total 3,500 2,130 1,300 55