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

Weisman, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats.

Activity Cost Pools

Estimated

Overhead

Estimated Use of

Cost Drivers per Activity

Designing$443,26014,800designer hoursSizing and cutting3,960,600164,000machine hoursStitching and trimming1,418,10081,500labor hoursWrapping and packing330,75031,500finished 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$

enter a dollar amount per designer hour rounded to 2 decimal places

per designer hourSizing and cutting$

enter a dollar amount per machine hour rounded to 2 decimal places

per machine hourStitching and trimming$

enter a dollar amount per labor hour rounded to 2 decimal places

per labor hourWrapping and packing$

enter a dollar amount per finished unit rounded to 2 decimal places

per finished unit

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