Cheyenne Tires manufactures tires for dune buggies and has two different products, nubby tires and smooth tires. The company produces 5,500 nubby tires and 10,500 smooth tires each year and incurs $210,500 of overhead costs. The following information is available: Activity Total Cost Cost Driver Materials handling $71,500 Number of requisitions Machine setups 69,000 Number of setups Quality inspections 70,000 Number of inspections For the nubby tires, the company has 450 requisitions, 250 setups, and 250 inspections. The smooth tires require 650 requisitions, 350 setups, and 450 inspections. Determine the overhead rate for each activity. Overhead Rate Materials handling $ per requisition Machine setups $ per setup Quality inspections $ per inspection