View Policies Current Attempt in Progress Lily, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats. Estimated Activity Cost Pools Overhead Estimated Use of Cost Drivers per Activity Sizing and cutting $3.952.750 163,000 machine hours Stitching and trimming 1,401,800 81.500 labor hours Wrapping and packing 341.250 32.500 finished units Compute the activity-based overhead rates using the following budgeted data for each of the activity cost pools. (Round answers to 2 decimal places, eg. 12.25) Activity-based overhead rates Sizing and cutting $ per machine hour Stitching and trimming $ per labor hour Wrapping and packing $ per finished unit eTextbook and Media