Compute total machine setups and inspection costs assigned to each product, using a single a. overhead rate Compute total machine setups and inspection costs assigned to each product, using b. activity-based costing Problem # 2 Corris Co. accumulates the following data concerning a mixed cost, using miles as the activity level. Total Cost $17,000 13,500 14,400 12,500 1T Miles Driven 10,000 8,000 9,000 7,000 January February March April Instructions Compute the variable and fixed cost elements using the high-low method