Kitchen Supply, Inc. (KSI), manufactures three types of flatware: Institutional standard, and silver. It applies all indirect costs according to a predetermined rate based on direct labor hours. A constant recently suggested that the company switch to an activity-based conting system and prepared the following cost estimates for your 2 for the recommended cost drivers Estimated Estimated cost Driver Activity 200 orders $ Recommended Activity Cost ever Processing orders Number of orders Setting production Nurnber of productions Handing materials Pounds of materials used Machine depreciation and maintenance Machine hours Performing quality control Number of inspections Number of units 47.000 10.000 4.000 273.000 52100 130 00 und 13 000 hours 400 000 units $1,054.800 In addition, management estimated 7,200 direct labor hours for year 2 Assume that the following cost over volumes occurred in January, your Inn Direct maar Direct labor hours $15000 Number of production runs 17.000 Machine hours Number of inspections Un hoped 61.000 21,000 Actual labor costs were 514 per hour Required: (1) Computea predetermined overhead rate for year for each cost i ng the estimated costs and evimated cont de prepared by the constant (Round your answers to 2 decimal places Activity