Fox Hunting Gear manufactures two products: camouflage jackets and camouflage hats. The company makes 50,000 jackets and 20,000 hats each year. Information for overhead costs and for the two products appears below. Estimated Total Activity Driver Jackets Hats Overhead Cost Setups # of setups $ 200,000 500 setups 1,500 setups Ordering # of parts 300,000 60,000 parts 40,000 parts parts Machining # of machine 600,000 12,000 machine 16,000 machine hours hrs. Inspections # of inspections 400,000 10,000 140.000 inspections inspections Shipping of shipments 300.000 10,000 10.000 shipments shipments Total $1,800,000 overhead Ihrs. Assume that activity-based costing is used. What is the rate per setup that should be used to assign setup cost to hats? $200,000 per setup $133.33 per setup $900 per setup $100 per setup