Indicate the missing amount for each letter. Assume that in all cases manufacturing overhead is applied on the basis of direct labour cost and the rate is the same. Cullumber Company identifies three activities in its manufacturing process: machine set-ups, machining and inspections. Estimated annual overhead cost for each activity is $117,120,$265,000, and $67,710, respectively. The cost driver for each activity and the estimated annual usage are number of set-ups 2,440, machine hours 26,500 , and number of inspections 1,830. Calculate the overhead rate for each activity. Machineset-ups$MachiningInspectionsperset-up$$permachinehourperinspection Indicate the missing amount for each letter. Assume that in all cases manufacturing overhead is applied on the basis of direct labour cost and the rate is the same. Cullumber Company identifies three activities in its manufacturing process: machine set-ups, machining and inspections. Estimated annual overhead cost for each activity is $117,120,$265,000, and $67,710, respectively. The cost driver for each activity and the estimated annual usage are number of set-ups 2,440, machine hours 26,500 , and number of inspections 1,830. Calculate the overhead rate for each activity. Machineset-ups$MachiningInspectionsperset-up$$permachinehourperinspection