Warner Inc. sells a high-speed retrieval system for mining information. It provides the following information for the year. Overhead is applied on the basis of direct labor hours. Compute the predetermined overhead rate. Predetermined overhead rate $ ____ per direct labor hour Determine the amount of overhead applied for the year. The amount of overhead applied $ _____ Mordica Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated annual overhead cost for each activity is $180, 910, $454, 500, and $77, 520, respectively. The cost driver for each activity and the expected annual usage are number of setups 2, 290, machine hours 25, 250, and number of inspections 1, 520. Compute the overhead rate for each activity. Machine setups $ ____ per setup Machining $ _____ per machine hour Inspections $ _____ per inspection Click if you would like to Show Work for this