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A manufacturer uses activity-based costing to assign overhead cost to products. Budgeted cost information for its activities follows. Activity Budgeted Cost Activity Cost Driver Budgeted

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A manufacturer uses activity-based costing to assign overhead cost to products. Budgeted cost information for its activities follows. Activity Budgeted Cost Activity Cost Driver Budgeted Activity Usage Purchasing $ 81, 400 Purchase orders 3, 700 purchase orders Factory services 96, 650 Square feet 4, 200 square feet Setup 68, 650 Setups 50 Setups Compute an activity rate for each activity. Note: Round your answers to 2 decimal places. Activity Budgeted Cost Budgeted Activity Usage Activity Rate Purchasing $ 81,400 Factory services $ 96,650 Setup $ 68,650

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