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Angora, Inc. uses activity-based costing to cost its two products: Standard and Deluxe. The company has provided the following data relating to its activities: Cost

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Angora, Inc. uses activity-based costing to cost its two products: Standard and Deluxe. The company has provided the following data relating to its activities: Cost Pools Estimated Cost Machine (machine-hours) $144.000 Cutting (number of cuts) 536,000 Sales (number of orders) 108,000 Machine hours Number of cuts Number of orders Estimated Activity Standard Deluxe 1,000 7.000 3,000 5,000 7,000 2,000 (a) What is the activity rate for the cutting cost pool? (Round answers to decimal places, eg. 25.) Activity rate $ per cut

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