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: Activity Casting Budgeted Activity Cost Activity Base Assembly Inspecting Setup $300,700 Machine hours 188,020 Direct labor hours. 30,800 Number of inspections 44,400 $1,230 Number of setups Number of loads Materials handling 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: Activity Base Entry Dining Total Machine hours 5,140 4,560 9,700 Direct labor hours 4,420 6,640 11,060 Number of inspections 1,670 530 2,200 Number of setups 240 60 300 Number of loads 860 230 1,090 Units produced 10,200 5,100 15,300 a. Determine the activity rate for each activity. If required, round the rate to the nearest dollar. a. Determine the activity rate for each activity. If required, round the rate to the nearest dollar. Activity Casting Assembly Inspecting Setup Activity Rate per machine hour per direct labor hour per inspection 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. Product Entry Lighting Fixtures Total Activity Cost Activity Cost Per Unit Dining Room Lighting Fixtures