Question: Please complete questions 1 & 2. Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity

Please complete questions 1 & 2.  Please complete questions 1 & 2. 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

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 tenting Packaging General factory Estimated Overhead Cost $ 17,200 $ 4,000 $ 18,000 $ 10,500 $ 27,600 $ 62,900 $ 57,600 Expected Activity 4,000 direct labor-hours 8.000 machine-hours 500 setups 300 orders 1,200 tests 3,700 packages 4,000 direct labor-hours Required: 1. Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.) 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

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