w.com/lrn/takeAssignment/takeAssignmentMain.do?invoker assignments&take AssignmentSessionLocator-assignment Use this information for Miramar Industries to answer the question that follow mar Industries manufactures two products: A and B. The manufacturing operation involves three overhead activities-production setup, materials handing, and general factory activities. Miramar uses activity-based costing to allocate overhead to products. An activity analysls of the overhead revealed the following estimated costs and activity bases for these activities: Activity Production setup Material handling General overhead Activity Base Number of setups $250,000 150,000 Number of parts 80,000 Number of direct labor hours Each product's total activity in each of the three areas are as foll Product Number of setups Number of parts Number of direct labor hours 20,000 40,000 8,000 12,000 What is the activity rate for materials handling a. $1.50 per part b. $7.50 per part C. $2.50 per part d. $3.75 per part Prev 1024 PM