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Weisman, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats. Activity Cost Pools Estimated Overhead
Weisman, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats.
Activity Cost Pools | Estimated Overhead | Expected Use of Cost Drivers per Activity | |||
Designing | $455,000 | 14,000 | designer hours | ||
Sizing and cutting | 3,950,000 | 168,000 | machine hours | ||
Stitching and trimming | 1,480,000 | 78,500 | labor hours | ||
Wrapping and packing | 333,000 | 30,000 | finished units |
Compute 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. 12.25.)
Designing Sizing and cutting Stitching and trimming Wrapping and packings Activity-based overhead rates per designer hour per machine hour per labor hour per finished unitStep by Step Solution
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