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Use the following information for the Quick Studies below. $($Algo$)$

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Chan Company identified the following budgeted data for this year. The company manufactures two types of scooters: standard and fast.

Activity Budgeted Overhead Cost Budgeted Activity

Handling materials $ $641,000100,000$ parts

Quality inspection $102,0001,500$ inspections

Purchasing $37,0001,000$ orders

Total $ $780,000$

QS $17-5($Algo$)$ Computing overhead rates using ABC LO P$3$

Compute an overhead activity rate for each activity assuming the company uses activity$-$based costing. $($Round your answers to $2$ decimal places.$)!$

Required information

Use the following information for the Quick Studies below. $($Algo$)$

Chan Company identified the following budgeted data for this year. The company manufactures two types of scooters:

standard and fast.

QS $17-5($Algo$)$ Computing overhead rates using ABC LO P$3$

Compute an overhead activity rate for each activity assuming the company uses activity$-$based costing. $($Round your answers to $2$

decimal places.$)$