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

Idris Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the fixtures. These activities and their associated budgeted activity costs and activity bases are as follows:

$\backslash$table$[[,\backslash$table$[[$Budgeted$],[$Activity$],[$Cost$]],$Activity Base$],[$Activity$,$$$240,000,\backslash$table$[[$Machine hours$]]],[$Casting$,182,400,\backslash$table$[[$Direct labor$],[$hours$]]],[$Assembly$,27,560,\backslash$table$[[$Number of$],[$inspections$]]],[\backslash$table$[[$Setup$]],33,120,\backslash$table$[[$Number of$],[$setups$]]],[$Materials$,49,920,$Number of loads$]]$

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

$\backslash$table$[[$Activity Base,Entry,Dining,Total$],[\backslash$table$[[$Machine hours$]],5,300,4,700,10,000],[\backslash$table$[[$Direct labor$],[$hours$]],4,560,6,840,11,400],[\backslash$table$[[$Number of$],[$inspections$]],1,610,510,2,120],[\backslash$table$[[$Number of$],[$setups$]],190,50,240],[\backslash$table$[[$Number of loads$]],760,200,960],[\backslash$table$[[$Units produced$]],10,600,5,300,15,900]]$

This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.

Open spreadsheet

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

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