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Crane Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats. Calculate the activity- based
Crane 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.) Estimated Estimated Use of Cost Activity Cost Pools Overhead Drivers per Activity Sizing and cutting Stitching and trimming $4,801,500 1,660,500 165,000 machine hours 82,000 labour hours Wrapping and packing 338,350 33,500 finished units Cost Pool Rate Sizing and cutting per machine hr. Stitching and trimming $ per labour hr. Wrapping and packing $ per unit.
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