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Please show all process work!! Coats Galore Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal
Please show all process work!!
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.) Activity Cost Pools Designing Sizing and cutting Stitching and trimming Wrapping and packing Estimated Estimated Use of Cost Overhead Drivers per Activity $505,975 18,500 designer hours 4,701,960 211,800 machine hours 1,539,700 86,500 labour hours 414,920 32,800 finished units Cost Pool Rate Designing $ per designer hr. Sizing and cutting $ per machine hr. Stitching and trimming $ per labour hr. Wrapping and packing $ per unitStep by Step Solution
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