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Flounder Industries uses activity-based costing to assist management in setting prices for the company's three major product lines. The following information is available: Estimated
Flounder Industries uses activity-based costing to assist management in setting prices for the company's three major product lines. The following information is available: Estimated Activity Cost Pool Overhead Estimated Use of Cost Driver per Activity Cutting $923,136 25,600 labor hours Stitching 8,034,236 320,600 machine hours Inspections 2,820,136 160,600 labor hours Packing 811,376 64,600 finished goods units Compute the activity-based overhead rates. (Round answers to 2 decimal places, eg. 12.25) Activity-based overhead rates Cutting $ Stitching $ Inspections $ Packing $ per labor hour per machine hour per labor hour per finished unit
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