7 Book Print erences QS 17-12 (Algo) Allocating overhead cost using activity-based costing LO P3 Rand Company computed the following activity rates using activity-based costing. Activity Setup Activity Rate: $ 1,080 per setup Materials handling Inspection $50 per materials requisition $3 per unit inspected The company's deluxe model used the following activities to produce 1,500 units. Activity Setup 3 setups Actual Activity Usage 24 materials requisitions 1,500 units inspected Materials handling Inspection Compute the overhead cost per unit for the deluxe model using activity-based costing. Activity Setup Activity Usage Activity Rate Allocated Cost