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Rex Industries has identified three different activities as cost drivers: machine setups, machine hours, and inspections. The overhead and estimated usage are: Compute the overhead
Rex Industries has identified three different activities as cost drivers: machine setups, machine hours, and inspections. The overhead and estimated usage are:
Compute the overhead rate for each activity. Round your answers to two decimal places.
Activity | Overhead per Activity | Annual Usage | Overhead Rate per Activity |
Machine Setups | $145,350 | 3,800 | $fill in the blank 1 |
Machine Hours | 324,622 | 14,114 | $fill in the blank 2 |
Inspections | 122,400 | 3,600 | $fill in the blank 3 |
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