QS 17-11 (Algo) Computing activity rates for activity-based costing LO P3 A manufacturer uses activity-based costing to assign overhead cost to products. Budgeted cost information for its activities follows. Activity Purchasing Factory services Setup Budgeted Cost $ 192,400 103,050 67,550 Activity Cost Driver Purchase orders Square feet Setups Budgeted Activity Usage 5,200 purchase orders 5,780 square feet 50 Setups Compute an activity rate for each activity. (Round your answers to 2 decimal places.) Budgeted Activity Usage Activity Rate Activity Purchasing Factory services Setup Budgeted Cost $ 192,400 $ 103,050 $ 67,550