Weisman, Inc. uses activity-based costing as the basis for information to set prices for its...
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Accounting
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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