Question
Oriole Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats. Calculate the activity- based
Oriole 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 Estimated Use of Cost Drivers per Activity Sizing and cutting $4,121,040 184,800 machine hours Stitching and trimming 1,600,525 87,700 labour hours Wrapping and packing 387,550 33,700 finished units Cost Pool Sizing and cutting A Stitching and trimming $ +A Wrapping and packing +A $ Rate per machine hr. per labour hr. per unit.
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Managerial Accounting Tools for business decision making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th edition
470506954, 471345881, 978-0470506950, 9780471345886, 978-0470477144
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