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$443,26014,800designer hoursSizing and cutting3,960,600164,000machine hoursStitching and trimming1,418,10081,500labor hoursWrapping and packing330,75031,500finished units
Compute the activity-based overhead rates using the following budgeted data for each of the activity cost pools.(Round answers to 2 decimal places, e.g. 12.25.)
Activity-based overhead rates
Designing$
enter a dollar amount per designer hour rounded to 2 decimal places
per designer hourSizing and cutting$
enter a dollar amount per machine hour rounded to 2 decimal places
per machine hourStitching and trimming$
enter a dollar amount per labor hour rounded to 2 decimal places
per labor hourWrapping and packing$
enter a dollar amount per finished unit rounded to 2 decimal places
per finished unit
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