Question
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 Estimated use of Cost Drivers Per Activity
Designing $441,735 14,700 designer hours
Sizing and Cutting 4,091,500 167,000 machine hours
Stitching and Trimming 1,470,300 78,000 labor hours
Wrapping and Packing 322,500 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.)
Activity Based Overhead Rates
Designing $ per designer hour
Sizing and Cutting $ per machine hour
Stitching and Cutting $ per labor hour
Wrapping and Packing $ per finished unit
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