Business, 03.04.2021 02:00 georgesarkes12

Rex Industries has identified three different activities as cost drivers: machine setups, machine hours, and inspections. The overhead and estimated usage are: Compute the overhead rate for each activity. Round your answers to two decimal places.
Activity Overhead per Activity Annual Usage Overhead Rate per Activity
Machine Setups $158,875 4,100
Machine Hours 352,775 14111
Inspections 120,750 3,500

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