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Culver Industries uses activity-based costing to assist management in setting prices for the company's three major product lines. The following information is available: Estimated Activity

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Culver Industries uses activity-based costing to assist management in setting prices for the company's three major product lines. The following information is available: Estimated Activity Cost Pool Overhead Cutting $973.242 Stitching 8,131,194 Inspections 2,864,011 Packing 836.271 Estimated Use of Cost Driver per Activity 26,900 labor hours 321,900 machine hours 161.900 labor hours 65,900 finished goods units Compute the activity-based overhead rates. (Round answers to 2 decimal places, es 12.25) Activity based overhead rates Cutting S perlabor hour Stitching $ per machine hour Inspections S Der labor hour Packing per finished unit

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