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Sarasota 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
Sarasota 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 $957.710 Stitching 8,098,585 Inspections 2,850,475 Packing 828,575 Estimated Use of Cost Driver per Activity 26,500 labor hours 321,500 machine hours 161,500 labor hours 65,500 finished goods units Compute the activity based overhead rates. (Round answers to 2 decimal places, eg. 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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