Question: Current Attempt in Progress Crane Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats.

Current Attempt in Progress Crane Inc. uses activity-based costing as the basis

Current Attempt in Progress Crane Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats. Calculate 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. 15.25.) Estimated Estimated Use of Cost Activity Cost Pools Overhead Drivers per Activity Sizing and cutting Stitching and trimming $4,137,535 1,531,050 184,300 machine hours 86,500 labour hours Wrapping and packing 393,820 38,800 finished units. Cost Pool Sizing and cutting Stitching and trimming Wrapping and packing $ Rate per machine hr. per labour hr. per unit.

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