Tires Unlimited Corp. produces two types of tires: regular and snow tires. The company uses activity-based costing and has identified two activities and their budgeted costs: Molding $75,000 Assembly $260,000 Molding is based on mixing hours, and assembly is based on machine hours. Information regarding each product is as follows: Regular tire Snow tire Units produced 5,000 2,000 Mixing hours 525 275 Machine hours 1,000 460 Required: If required, round your answers to two decimal places or the nearest cent. When required, use rounded amounts in subsequent computations. A. Calculate the activity rates for molding and assembly. Molding Assembly B. Calculate the total overhead assigned to each type of tire. Regular Snow C. Calculate the unit overhead assigned to each type of tire. Regular unit cost Snow unit cost D. Assume the company does not use ABC costing. Calculate the plantwide overhead rate, based on machine hours. E. Calculate the total overhead assigned to each type of tire using the plantwide overhead rate. Regular Snow