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Intel Corporation uses activity-based costing to allocate overhead costs. The following data is available: Activity Cost Pool ($) Cost Driver Cost Driver Volume R&D $400,000

Intel Corporation uses activity-based costing to allocate overhead costs. The following data is available:

Activity

Cost Pool ($)

Cost Driver

Cost Driver Volume

R&D

$400,000

Number of projects

50

Manufacturing Support

$300,000

Machine Hours

20,000

Quality Control

$200,000

Number of inspections

500

Calculate the overhead rate for each activity.

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