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Current Attempt in Progress Bramble has budgeted overhead costs of $1,152,900. It has allocated overhead on a plantwide basis to its two products (wool
Current Attempt in Progress Bramble has budgeted overhead costs of $1,152,900. It has allocated overhead on a plantwide basis to its two products (wool and cotton) using direct labor hours which are estimated to be 549,000 for the current year. The company has decided to experiment with activity-based costing and has created two activity cost pools and related activity cost drivers. These two cost pools are cutting (cost driver is machine hours) and design (cost driver is number of setups). Overhead allocated to the cutting cost pool is $439,200 and $713,700 is allocated to the design cost pool. Additional Information related to these pools is as follows. Machine hours Number of setups Wool 122,000 Cotton Total 1,220 122,000 610 244,000 1,830 (a1) Calculate the overhead rate using activity based costing. (Round answers to 2 decimal places, e.s. 12.25.) Overhead rates for activity-based costing Cutting $ Design S eTextbook and Media Save for Later. per machine hour per setup Attempts: 0 of 3 used Submit Answer (a2) The parts of this question must be completed in order. This part will be available when you complete the part above (61) The parts of this question must be completed in order. This part will be available when you complete the part above (b2) The parts of this question must be completed in order. This part will be available when you complete the part above
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