Exercise 17-15 (Algo) Computing activity rates, overhead allocation, and cost per unit LO P3 Lucern Company reports the following for its overhead cost for the yeat 1. Compute the activity rate for each activity using activity-based costing 2. The company's Pro model used these activities to produce 1,300 unils duning the year; 2 design changes, 120 machine houts, and 14 setups. Allocate overhead cost to the Pro model and compute its overthead cost per unit using activity bosed costing. Complete this question by entering your answers in the tabs below. Compute the activity rote for each activity using activity based costing