12 A company is conducting a time-driven activity-based costing study in its Purchasing Department To aid the the following data regarding its Purchasing Department and three of its many jobs: Its Number of employees Average annual salary per employee Weeks of employment per year Hours worked per week Practical capacity percentage 14 $39,312 52 40 90% 01:43:36 Requisition Bid Processing Evaluation Inspection 30 22 45 Minutes per unit of the activity Job A 9 4 Job B 5 Number of requisitions processed Number of bid evaluations Number of inspections Job C 6 4 2 What is the time-criven activity rate for Bid Evaluation Multiple Choice