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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.)

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Question 31 Elle Inc. makes two types of handbags: standard and custom. The controller has decided to use a plant-wide overhead rate based on direct labour costs. The president has heard of activity-based costing and wants to see how the results would differ if this system were used. Two activity cost pools were developed: machining and machine set-up. Presented below is information related to the company's operations. Direct labour costs $50,000 $100,000 Machine hours 500 1,000 Set-up hours 100 400 Total estimated overhead costs are $330,000. The overhead cost allocated to the machining activity cost pool is $181,500, and $148,500 is allocated to the machine set-up activity cost pool. v (I!) I2] Your answer is incorrect. Try again. Calculate the overhead rate using the traditional (plant-wide) approach. Predetermined overhead rate mo] of direct labour cost 0

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