QS 17-11 (Static) 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 $ 135,000 32,000 65,000 Activity Cost Driver Purchase orders Square feet Setups Budgeted Activity Usage 4,500 purchase orders 5,000 square feet 50 Setups Compute an activity rate for each activity. (Round your answers to 2 decimal places.) Activity Budgeted Cost Budgeted Activity Usage Activity Rate Purchasing $ 135,000 Factory services $ $ 32,000 65,000 Setup $