Question: Current Attempt in Progress Morgana Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated annual overhead cost for each activity

Current Attempt in Progress Morgana Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated annual overhead cost for each activity is $167,900, $416,500, and $66,000, respectively. The cost driver for each activity and the estimated annual usage are number of setups 2,300, machine hours 24,500, and number of inspections 1,200. Compute the overhead rate for each activity. per setup Machine setups $ Machining $ per machine hour Inspections $ per inspection Weisman, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats. Estimated Estimated Use of Activity Cost Pools Overhead Cost Drivers per Activity Designing $426,120 13,400 designer hours Sizing and cutting 4,121,250 157,000 machine hours Stitching and trimming 1,409,950 81,500 labor hours Wrapping and packing 338,625 31,500 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, eg. 12.25.) Activity based overhead rates per designer hour Designing $ Sizing and cutting $ per machine hour Stitching and trimming $ per labor hour Wrapping and packing $ per finished unit
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