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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 available: Estimated 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 available: Estimated Expected Use of Activity Cost Pool 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. (Round answers to 2 decimal places, e.g. 12.25.) Activity-based overhead rates Cutting per labor hour Stitching per machine hour Inspections $ per labor hour Packing $ per finished unit

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