EcoFabrics has budgeted overhead costs of $$1,171,800.$ It has assigned overhead on a plantwide basis to its two products $($woy

cotton$)$ using direct labor hours which are estimated to be $558,000$ for the current year. The company has decided to experiment with

activity$-$based costing and has created two activity cost pools and related activity cost drivers. These two cost pools are cutting $($cost

driver is machine hours$)$ and design $($cost driver is number of setups$).$ Total estimated machine hours is $248,000,$ and total estimated

number of setups is $1,860.$ Overhead allocated to the cutting cost pool is $$446,400$ and $$725,400$ is allocated to the design cost pool.

Additional information related to product usage by these pools is as follows.

Calculate the overhead rate using activity based costing. $($Round per machine hour to $2$ decimal places, e$.$g$.12\mathrm{.}25.)$

Overhead rates for activity$-$based costing

Cutting $$,$ per machine hour

Design $,$$$,$ per setup