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Orange uses activity - based costing. Two of Orange's production activities are kitting ( assembling the raw materials needed for each computer in one kit

Orange uses activity-based costing. Two of Orange's production activities are kitting (assembling the raw materials needed for each computer in one kit) and boxing the completed products for shipment to customers. Assume that Orange spends $5,000,000 per month on kitting and $15,000,000 per month on boxing. Orange allocates the following:
Kitting costs based on the number of parts u'sed in the computer
Boxing costs based on the cubic feet of space the computer requires
Suppose Orange estimates it will use 125,000,000 parts per month and ship products with a total volume of 23,437,500 cubic feet per month. Assume that each desktop computer requires 250 parts and has a volume of 5 cubic feet.
What are the predetermined overhead allocation rates? (Round all calculations to the nearest cent.)
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