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Fine Industries uses activity based costing to assist management in setting prices for the company's three major product lines. The following information is wailable Expected

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Fine Industries uses activity based costing to assist management in setting prices for the company's three major product lines. The following information is wailable Expected Use of Activity Cost Pool Estimated Overhead Cost Driver per Activity Cutting $900,000 25,000 labor hours Stitching 8,000,000 320,000 machine hours Inspections 2,800,000 160,000 labor hours Packing 800,000 64,000 finished goods units Compute the activity based overhead rates, by giving the activity rate, then the activity measure. Note: Only enter the number and the rate. Do not enter dollar signs EX: If the answer is $10/Direct labor hour, enter 10 for the rate, and direct labor hours for the measure 1. Cutting Rate: | Measure: 2. Stitching Rate: | Measures 3. Inspections Rate: Measure: 4. Packing Rate: | Measure

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