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Two Step Dance manufactures all types of shoes for the avid dancer, like ballet slippers and tap shoes. Two Step Dance uses the activity based

Two Step Dance manufactures all types of shoes for the avid dancer, like ballet slippers and tap shoes. Two Step Dance uses the activity based costing method to allocate manufacturing overhead to its products. Below is a table summarizing the Estimated MOH costs and their respective drivers. Using this information, what is the MOH Rate for the Inspecting activity? Round your answer to the nearest penny (i.e. x.xx).

Activity Estimated MOH Estimated Basis
Purchasing $20,000 2,500 purchase orders
Assembling $75,000 60,000 DL hours
Packaging $35,000 5,000 units
Inspecting $10,000 2,000 batches

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