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 $ 120,400 Purchase orders 4,300 purchase orders Factory services 99,050 Square feet 4,800 square feet Setup 68,050 Setups 50 Setup Compute an activity rate for each activity. (Round your answers to 2 decimal places.) Budgeted Activity Usage Activity Rate Activity Purchasing Factory services Setup Budgeted Cost $ 120,400 $ 99,050 $ 68,050