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Question 18 Coats Galore Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats. Calculate the
Question 18 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 $517,935 12,900 designer hours 4,562,715 185,100 machine hours 1,863,225 84,500 labour hours 392,980 40,100 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 unit
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