Question: IBM's Cloud division incurs various costs associated with different activities. For a specific quarter, the total costs for server setup activities amount to $2,000,000, and

IBM's Cloud division incurs various costs associated with different activities. For a specific quarter, the total costs for server setup activities amount to $2,000,000, and the total costs for software installation activities amount to $3,000,000. If the division executed 40,000 server setup activities and 50,000 software installation activities, calculate the overhead rate per activity for both server setup and software installation. 

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