A manufacturer identified the following activities, costs, and activity drivers. Compute the activity rate for each activity using activity-based costing. Note: Round all "Activity rate" to 2 decimal places. Activity Handling materials Inspecting product Processing orders Paying suppliers Insuring factory Activity Handling materials Inspecting product Processing orders Paying suppliers Insuring factory Budgeted Costs $ 625,000 900,000 105,000 175,000 300,000 Budgeted Cost Budgeted Activity Usage 100,000 parts 1,500 inspections 700 orders 5,000 invoices 40,000 square feet Budgeted Activity Usage Activity Rate

A manufacturer identified the following activities, costs, and activity drivers. Compute the activity rate for each activity using activity-based costing. Note: Round all "Activity rate" to 2 decimal places