Tivity 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 $900 $750 unit prime cost $529 $483 in addition, the following information was provided so that overhead costs could be assigned to each product: activity name activity driver deluxe regular activity cost setups number of setups 300 200 $2,050,000 machining machine hours 100,000 300,000 56,000,000 engineering engineering hours 50,000 100,000 13,500,000 packing packing orders 100,000 400,000 250,000 required: 1. calculate the overhead rates for each activity. if required, carry your answers out to the nearest cent. setups $ per setup machining $ per machine hour engineering $ per engineering hour packing $ per packing order 2. calculate the per-unit product cost for each product. round your answers to the nearest whole dollar. deluxe $ per unit regular $ per unit