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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

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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 rate for each activity. Round your answers to two decimal places. Overhead per Activity Annual Usage Overhead Rate per Activity Activity Machine Setups $158,875 Machine Hours 352,775 Inspections 120,750 4,100 14111 3,500 $ $ $

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