Question: How would I solve this question? Could you please state the correct answer so I can verify if I did this correctly, thanks. Coats Galore
How would I solve this question? Could you please state the correct answer so I can verify if I did this correctly, thanks.

Coats Galore 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 Designing $456,870 15,700 designer hours Sizing and cutting 4,195,800 233,100 machine hours Stitching and trimming 1,530,360 87,200 labour hours Wrapping and packing 369,600 38,500 finished units Cost Pool Rate Designing $ per designer hr. Sizing and cutting per machine hr. Stitching and trimming $ per labour hr. Wrapping and packing $ per unit
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
