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

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

Question 10 Rex Industries has identified three different activities as cost drivers: machine setups, machine hours, and inspections. The overhead and estimated usage are: 1 pts Rex Industries data Overhead per Overhead Rate per Activity Annual Usage Activity 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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