Activity rates and product costs using activity$-$based cost

$\backslash$table$[[$Activity$,\backslash$table$[[$Budgeted$],[$Activity Cost$]],$Activity Base$],[$Casting$,$$$227,500,$Machine hours$],[$Assembly$,197,030,$Direct labor hours$],[$Inspecting$,39,840,$Number of inspections$],[$Setup$,53,550,$Number of setups$],[$Materials handling,$49,400,$Number of loads$]]$

Corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activity$-$base usage quantikies and units produced follow:

$\backslash$table$[[$Activity Base,Entry,Dining,Total$],[$Machine hours,$4,820,4,280,9,100],[$Direct labor hours,$4,150,6,220,10,370],[$Number of inspections,$1,890,600,2,490],[$Number of setups,$280,70,350],[$Number of loads,$750,200,950],[$Units produced,$9,600,4,800,14,400]]$

a$.$ Determine the activity rate for each activity. If required, round the rate to the nearest dollar.

$\backslash$table$[[$Activity$,$Activity Rate,$],[$Casting$,$$ per machine hour,$],[$Assembly$,$$$,$ per direct labor hour$]]$Activity rates and product costs using activity$-$based cost

$\backslash$table$[[$Activity$,\backslash$table$[[$Budgeted$],[$Activity Cost$]],$Activity Base$],[$Casting$,$$$227,500,$Machine hours$],[$Assembly$,197,030,$Direct labor hours$],[$Inspecting$,39,840,$Number of inspections$],[$Setup$,53,550,$Number of setups$],[$Materials handling,$49,400,$Number of loads$]]$

Corporate records were obtained to estimate the amount of activity to be used by the two products. The estimated activity$-$base usage quantikies and units produced follow:

$\backslash$table$[[$Activity Base,Entry,Dining,Total$],[$Machine hours,$4,820,4,280,9,100],[$Direct labor hours,$4,150,6,220,10,370],[$Number of inspections,$1,890,600,2,490],[$Number of setups,$280,70,350],[$Number of loads,$750,200,950],[$Units produced,$9,600,4,800,14,400]]$

a$.$ Determine the activity rate for each activity. If required, round the rate to the nearest dollar.

$\backslash$table$[[$Activity$,$Activity Rate,$],[$Casting$,$$ per machine hour,$],[$Assembly$,$$$,$ per direct labor hour$]]$

Units produced

$9,600$

$4,800$

$14,400$

a$.$ Determine the activity rate for each activity. If required, round the rate to the nearest dollar.

Activity

Activity Rate

Casting $$ per machine hour

Assembly

$ $$ per direct labor hour

Inspecting $$ per inspection

Setup $$ per setup

Materials handling $$ per load

b$.$ Use the activity rates in $($a$)$ to determine the total and per$-$unit activity costs associated with each product. Round the per unit amounts to the nearest cent.

$\backslash$table$[[$Product$,$Total Activity Cost,Activity Cost Per Unit,,$],[$Entry Lighting Fixtures,$$,,$$$,$