Question: help with part 2 show your work Activity Rates and Activity-Based Product Costing Hammer Company produces a variety of electronic equipment. One of its plants

Activity Rates and Activity-Based Product Costing Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers: the deluxe and the regular. At the beginning of the year, the following data were prepared for this plant Deluxe Regular Quantity 100,000 800,000 Selling price 5900 $750 Un prime cost $529 traddition, the following information was provided to that overhead costs could be ined to product Activity Name Activity Driver Deluxe Regular Activity Cout Setups Number of setups 300 200 $1,000,000 Machining Machine hours 100,000 300,000 72,000,000 Engineering Engineering Tours 50,000 300,000 12,000,000 Packing Packing orders 100,000 400,000 250,000 1. Calculate the overhead rates for each activity. If required, carry your answers out to the nearest cent. Setups 3,800 per setup Machining 180 per machine hour Engineering 80 per engineering hour Packing 0.5 per packing order 2. Calculate the per-unit product cost for each product. Round your answers to the nearest whole dollar. per unit Deluxe Regular per unit
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