Question: Pharoah 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

Pharoah 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 Overhead Estimated Use of Cost Drivers per Activity Activity Cost Pools Sizing and cutting $4,657,050 196,500 machine hours Stitching and trimming 2,117,370 86,600 labour hours Wrapping and packing 372,480 38,400 finished units Cost Pool Rate Sizing and cutting $ per machine hr. Stitching and trimming $ per labour hr. Wrapping and packing per unit
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