11 02:44:23 A company uses the activity rates below to allocate overhead costs. Activity Electricity Handling materials Quality Activity Rate $ 4 per machine hour $ 37 per inspection $ 62 per materials requisition Actual activity usage for two completed jobs follows. Use the activity rates to allocate overhead cost to the two jobs. Activity Cost Driver Machine hours Inspections Materials requisitions Activity Usage Job 1 50 Job 21 45 10 11 9 Allocate overhead based on actual activity usage-Job 11 Activity Electricity Quality Handling materials Total Activity Usage Allocate overhead based on actual activity usage-Job 2 Activity Electricity Quality Handling materials Total Activity Usage Activity Rate Allocated Cost Activity Rate Allocated Coat