Lens Care Inc. (LC manufactures specialised equipment for polishing optical lenses. There are two models-one mainly used for fine eyewear (F-32) and another for lenses used in binoculars, cameras, and similar equipment (B-13) The manufacturing cost of each unit is cakulated using activity-based costing, using the following manufacturing cost peok: Cost Pools Allocation Base Costing Rate Materials handling Number of parts $2.40 per part Manufacturing supervision Hours of machine time $14.80 per hour Assembly Number of parts $3.30 per part Machine setup Each setup 556.50 per setup Inspection and testing Logged hours $45.50 per hour Packaging Loed hours $19.50 per hour LC currently sells the B-13 model for $1.775 and the F32 model for $1.220 Marutacturing costs and activity usage for the two products are as follows B-13 F-32 Direct material $164.50 $75.60 Number of parts 160.00 120.00 Machine hours 7.90 4.20 Inspection time 1.70 0.80 Packaging time 0.90 0.50 Setups 3.00 2.00 The profit margin based on manufacturing cost for model F-32 Sao 5514 53171 54 Lens Care Inc. (LC manufactures specialised equipment for polishing optical lenses. There are two models-one mainly used for fine eyewear (F-32) and another for lenses used in binoculars, cameras, and similar equipment (B-13) The manufacturing cost of each unit is cakulated using activity-based costing, using the following manufacturing cost peok: Cost Pools Allocation Base Costing Rate Materials handling Number of parts $2.40 per part Manufacturing supervision Hours of machine time $14.80 per hour Assembly Number of parts $3.30 per part Machine setup Each setup 556.50 per setup Inspection and testing Logged hours $45.50 per hour Packaging Loed hours $19.50 per hour LC currently sells the B-13 model for $1.775 and the F32 model for $1.220 Marutacturing costs and activity usage for the two products are as follows B-13 F-32 Direct material $164.50 $75.60 Number of parts 160.00 120.00 Machine hours 7.90 4.20 Inspection time 1.70 0.80 Packaging time 0.90 0.50 Setups 3.00 2.00 The profit margin based on manufacturing cost for model F-32 Sao 5514 53171 54