Weisman, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats. Activity Cost Use ofCost Drivers per ActivityDesigning $427,300 11,400 designer hoursSizing and cutting 4,146,000 160,000 machine hoursStitching and trimming 1,459,000 81,300 labor hoursWrapping and packing 323,400 30,300 finished unitsCompute the activity-based overhead rates using the following budgeted data for each of the activity cost pools. (Round answers to 2 decimal places, e. g. $12.25.)Activity-based overhead ratesDesigning $Weisman, Inc. uses activity-based costing as the bper designer hourSizing and cutting $Weisman, Inc. uses activity-based costing as the bper machine hourStitching and trimming $Weisman, Inc. uses activity-based costing as the bper labor hourWrapping and packing $Weisman, Inc. uses activity-based costing as the bper finished unit

6. why the aggregate supply curve slopes upward in the short run in the short run, the quantity of output that firms supply can deviate from the natural level of output if the actual price level in the economy deviates from the expected price level. several theories explain how this might happen. for example, the misperceptions theory asserts that changes in the price level can temporarily mislead firms about what is happening to their output prices. consider a soybean farmer who expects a price level of 100 in the coming year. if the actual price level turns out to be 90, soybean prices will , and if the farmer mistakenly assumes that the price of soybeans declined relative to other prices of goods and services, she will respond by the quantity of soybeans supplied. if other producers in this economy mistake changes in the price level for changes in their relative prices, the unexpected decrease in the price level causes the quantity of output supplied to the natural level of output in the short run.