Coronado Company identifies three activities in its manufacturing process machine setups, machining, and inspections. Estimated annual overhead cost for each activity is $$202,800,$$$364,500,$ and $$88,000$ respectively. Thecost driver for each activity and the estimated annual usage are number of setups $2,600,$ machine hours $24,300$ and number of inspections $1,600.$

Compute the overhead rate for each activity

Machine setups $ persetup

Machining

$ permachine hour

Anspections

s ber inspection