Question 17 10 pts Blue Jay company identified the following partial list of activities, costs, and activity drivers expected for the next year: Activity Expected Costs Cost Driver Purchasing $200,000 Number of purchase orders Material Handling $77,000 Number of material inspections Setups $1,400,000 Number of setups Product A Product B Purchase orders 15,000 orders 25,000 orders Materials inspections 17,000 inspections 15,000 inspections Setups 2,500 setups 1,000 setups Required: Complete the following items a-c by labeling and entering your answers in the space provided. a. Determine activity rates for each cost. b. Determine the total amount of overhead to be applied to Product A. c. Is Blue Jay Company using activity based costing or traditional costing