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A manufacturer uses activity-based costing to assign an overhead cost to products. Compute an activity rate for each activity. (Round your answers to 2 decimal
A manufacturer uses activity-based costing to assign an overhead cost to products. Compute an activity rate for each activity. (Round your answers to 2 decimal places.)
ActivityPurchasingFactoryservicesSetupBudgetedCost$201,400103,65067,650ActivityCostDriverPurchaseordersSquarefeetSetupsBudgetedActivityUsage5,300purchaseorders5,800squarefeet50Setups Compute an activity rate for each activity. (Round your answers to 2 decimal places.) \begin{tabular}{|l|l|l|l|l|l|} \hline \multicolumn{1}{|c|}{ Activity } & \multicolumn{2}{c|}{ Budgeted Cost } & Budgeted Activity Usage & \multicolumn{2}{c|}{ Activity Rate } \\ \hline Purchasing & $ & 201,400 & & & \\ \hline Factory services & $ & 103,650 & & & \\ \hline Setup & $ & 67,650 & & & \\ \hline \end{tabular}
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