Question
Coats Galore Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats. Calculate the activity-based overhead
Coats Galore Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats. Calculate 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. 15.25.)
Activity Cost Pools Estimated Overhead EstimatedUse of Cost Drivers per Activity
Designing $528,800 16,000 designer hours
Sizing and cutting 4,513,485 168,100 machine hours
Stitching and trimming 2,105,955 88,300 labour hours
Wrapping and packing 434,715 39,700 finished units
Cost Pool Rate
Designing ?????$per designer hr.
Sizing and cutting ?????$per machine hr.
Stitching and trimming ??????$per labour hr.
Wrapping and packing ??????$per unit
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