Use the following information for questions 2-4. Two of Compute It's production activities completed products for shipment to customers. Assume that Compute It spends $12,000,000 a month on kitting and $22,000,000 a month on boxing. Compute It allocates the following: Kitting costs based on the number of parts used in the computer . Boxing costs based on the cubic feet of space the computer requires Suppose Compute It estimates it will use 400,000,000 parts a month and ship products with a total volume of 20,000,000 cubic feet. Assume that each desktop computer requires 125 parts and has a volume of 10 cubic feet. 2. What is the activity cost allocation rate? a a. b. Kitting $0.03/part $0.60/part $0.03/part $33.33/part Boxing $0.05/cubic foot $0.06/cubic foot $1.10/cubic foot $0.91/cubic foot c. d. 3. What are the kitting and boxing costs assigned to one desktop computer? a. Kitting $ 3.75 $ 0.30 $11.00 $ 4.05 Boxing $ 11.00 $137.50 $ 3.75 $148.50 C. d. Compute It contracts with its suppliers to pre-kit certain compon ing them to Compute It. Assume this saves $2,000,000 of the kitt total number of parts by 200,000,000 (because Compute It consi part). If a desktop now uses 90 parts, what is the new kitting costa a. $4.50 d. $3.75 c. $2.70 b. $1.00