Question: undefined Weisman, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats. Activity Cost Pools Designing

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Weisman, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats. Activity Cost Pools Designing Sizing and cutting Stitching and trimming Wrapping and packing Estimated Overhead $444,000 4,210,000 1,490,000 332,000 Expected Use of Cost Drivers per Activity 13,000 designer hours 169,000 machine hours 75,500 labor hours 32,000 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 $ per designer hour Sizing and cutting $ per machine hour Stitching and trimming $ per labor hour Wrapping and packing $ per finished unit Spud, Inc. a manufacturer of gourmet potato chips, employs activity-based costing. The budgeted data for each of the activity cost pools is provided below for the year 2017. Activity Cost Pools Ordering and receiving Food processing Packaging Estimated Overhead $77,958 495,360 1,508,220 Expected Use of Cost Drivers per Activity 12,200 orders 64,000 machine hours 441,000 labor hours For 2017, the company had 11,800 orders and used 50,400 machine hours, and labor hours totaled 503,000. (a) Calculate the overhead rates for each activity. (Round answers to 2 decimal places, e.g. 12.25.) Overhead Rates Ordering and receiving $ per order Food processing $ per machine hour Packaging $ per labor hour

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