Ayayai Tires manufactures tires for dune buggies and has two different products, nubby tires and smooth tires. The company produces 7.300 nubby tires and 12,300 smooth tires each year and incurs $373.940 of overhead costs. The following information is available: Total Cost $121.180 Activity Materials handling Machine setups Quality inspections Cost Driver Number of requisitions Number of setups Number of Inspections 127.680 125,080 For the nubby tires, the company has 630 requisitions, 430 setups, and 430 inspections. The smooth tires require 830 requisitions 530 setups, and 630 inspections Determine the overhead rate for each activity Overhead Rate Materials handling $ per requisition Machine setups $ per setup Quality inspections $ per inspection