Question: Question 10 1 pts Rex Industries has identified three different activities as cost drivers: machine setups, machine hours, and inspections. The overhead and estimated usage

Question 10 1 pts Rex Industries has identified three different activities

Question 10 1 pts Rex Industries has identified three different activities as cost drivers: machine setups, machine hours, and inspections. The overhead and estimated usage are: Rex Industries data Activity Overhead Rate per Overhead per Activity Annual Usage Activity Machine setups $155,000 4,000 $ Machine hours 352.800 14,112 Inspections 120,750 3,500 Complete the chart and compute the overhead rate for each activity. Round to the nearest penny, two decimal places

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