Current Attempt in Progress Bonita Company identifies three activities in its manufacturing process: machine setups,...

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Accounting

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Bonita Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated annual
overhead cost for each activity is $177,500,$306,000, and $57,600, respectively. The cost driver for each activity and the estimated
annual usage are number of setups 2,500, machine hours 25,500, and number of inspections 1,200.
Compute the overhead rate for each activity.
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