Gomez Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated annual overhead cost for each activity is \(\$ 180,000, \$ 325,000\), and \(\$ 87,500\), respectively. The cost driver for each activity and the expected annual usage are: number of setups 2,500 , machine hours 25,000 , and number of inspections 1,750 . Compute the overhead rate for each activity.