Show Attempt History Current Attempt in Progress Bramble has budgeted overhead costs of $ 1.152.900. It has allocated overhead on a plantwide basis to its two products (wool and cotton) using direct labor hours which are estimated to be 549,000 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). Overhead allocated to the cutting cost pool is $439 200 and 713,700 is allocated to the design cost pool. Additional information related to these pools is as follows. Wool Cotton Total Machine hours 122.000 122.000 244.000 Number of setups 1.220 610 1.830 (31) Your answer is correct. Calculate the overhead rate using activity based costing. (Round answers to 2 decimal places, eg. 12.25.) Overhead rates for activity-based costing Cutting $ 18 per machine hour Design 390 per setup e Textbook and Media Attempts: 3 of 15 used o G 06'F Sunny Question 2 of 3 0.5/1 (11) Calculate the overhead rate using traditional approach. (Round answer to 2 decimal places, es 1225) Overhead rates using the traditional approach $ per direct labor hour e Textbook and Media Attempts: 0 of 15 used Submit Answer Save for Later (62) The parts of this question must be completed in order. This part will be available when you complete the part above