Morgana Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated annual overhead cost for each activity is $198,800, $337,400, and $81.000, respectively. The cost driver for each activity and the estimated annual usage are number of setups 2,800, machine hours 24,100, and number of inspections 1,500 Compute the overhead rate for each activity Machine setups $ per setup Machining $ per machine hour Inspections $ per inspection e Textbook and Media Save for Later Attempts: 0 of 5 used Submit