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Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Exercise 4-2 Part 1 (Algo) Estimated Overhead Cost $ 22,000 $ 10,000 $ 36,000 $ 29,400 $ 27,900 $ 68,400 $ 56,800 Expected Activity 1,000 direct labor-hours 8,000 machine-hours 800 setups 600 orders 900 tests 3,600 packages 1,000 direct labor-hours Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Activity Rate per DLH per MH per setup per order per test per package per DLH 2. Compute the company's predetermined overhead rate, assuming that the company uses a single plantwide predetermined overhead rate based on direct labor-hours. (Round your answer to 2 decimal places.) Predetermined overhead rate per DLH Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the activity rate for each of the activity cost pools. Activity Cost Pool Activity Rate per DLH per order Labor-related Purchase orders Parts management Board etching General factory per part type per board per MH Required 1 Required 2 Using the ABC data, determine the total amount of overhead cost assigned to each product. Overhead Cost Overhead Cost Overhead Cost Overhead Cost Assigned Assigned Assigned Assigned Product D Product A Product B Product C Activity Cost Pool Labor-related (DLHS) Purchase orders (orders) Parts management (part types) Board etching (boards) General factory (MHS) Total Exercise 4-8 (Algo) Part 1 Required: 1. Compute the activity rate for each activity cost pool. (Round your ans Activity Cost Pool Machine setups Special processing General factory Activity Rate per setup per MH per DLH 2. Determine the unit product cost of each product according to the ABC system. (Do not your final answers to 2 decimal places.) Unit product cost of Rims Unit product cost of Posts Complete this question by entering your answers in the tabs below. Req 1A Req 1B Req 2 Req 3 Compute the predetermined overhead rate based on direct labor-hours. (Round your Predetermined overhead rate per DLH Req 1A Req 1B Unit product cost Req 2 Req 3 Using the predetermined overhead rate and other data from the problem, determine the unit product product. (Round your intermediate calculations and final answers to 2 decimal places.) Xactive Pathbreaker tabs below. Complete this question by entering your answers in the tabs below. Req 1A Req 18 Activity Cost Pools Req 2 Determine the activity rate for each of the four activity cost pools. (Round your "per DLH" and "per decimal places.) Supporting direct labor Batch setups Product sustaining General factory Req 3 Activity Rate per DLH per setup per product per MHR Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the activity rates for each of the three activities. (Round your answ- Cost per Unit of Activity per party per diner per drink Serving a Party Serving a Diner Serving Drinks Required 3 Required 1 Required 2 Required 3 Convert the total costs you computed in part (2) above to costs per diner. In other words, what is the aver for serving each of the following parties? (Round your intermediate calculations and final answers to 2 dec a. A party of four diners who order three drinks in total b. A party of two diners who do not order any drinks c. A lone diner who orders two drinks