10. Vertex Tires manufactures tires for dune buggies and has two different products, nubby tires and smooth tires. The company produces 5,000 nubby tires and 10,000 smooth tires each year and incurs $167, 000 of overhead costs. The following information is available Activity Total CostCost Driveri Materials handling $60, 000 s0, 000 ality inspections 57,ooo Number of requisitions Number of getups Number of inspections Machine setups For the nubby tires, the company has 400 requisitions, 200 setups, and 20o inspections. The smooth tires require 600 requisitions, 300 setups, and 400 inspections Instructions mine the overhead rate for each activity