Activity Expected Costs Expected Activity $625,000 900,000 Handling materials Inspecting product Processing purchase orders Paying suppliers Insuring the factory Designing packaging 105,000 175,000 300,000 75,000 100,000 parts 1,500 batches 700 orders 500 invoices 40,000 square feet 2 models Exercise 17-4 Computing overhead rates under ABC P3 Refer to the information in Exercise 17-3. Compute the activity rate for each activity, assuming the company uses activity-based costing, Compute overhead allocation rates for each activity Expected Cost Activity Driver Activity Rate $ Activity Handling material Inspecting product Processing orders Paying suppliers Insuring factory Designing pkg