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 | $445,200 | 10,600 | designer hours | ||
Sizing and cutting | 4,081,200 | 152,000 | machine hours | ||
Stitching and trimming | 1,491,000 | 84,000 | labor hours | ||
Wrapping and packing | 346,500 | 33,000 | 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 | $enter a dollar amount per designer hour rounded to 2 decimal places | per designer hour | |
Sizing and cutting | $enter a dollar amount per machine hour rounded to 2 decimal places | per machine hour | |
Stitching and trimming | $enter a dollar amount per labor hour rounded to 2 decimal places | per labor hour | |
Wrapping and packing | $enter a dollar amount per finished unit rounded to 2 decimal places | per finished unit |
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