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Morgana Company identifies three activities in its manufacturing process: machine setups, machining and inspections. Estimated annual overhead cost for each activity is $150.000,5375.000, and $87.500,

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Morgana Company identifies three activities in its manufacturing process: machine setups, machining and inspections. Estimated annual overhead cost for each activity is $150.000,5375.000, and $87.500, respectively. The cost driver for each activity and the estimated annual usage are number of setups 2.500, machine hours 25.000 and number of inspections 1.750 Compute the overhead rate for each activity. Machine setups $ 200 per setup S 3000 Machining per machine hour per inspection Inspections

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