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

Weisman, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats. Compute the activity-based overhead rates using the following budgeted data for each of the activity costpools.

Expected Use of Cost Drivers per Activity 10,000 designer hours 160,000 machine hours Estimated Overhead Activity Cost Pools Designing Sizing and cutting 450,000 4,000,000 Stitching and trimming1,440,000 336,000 80,000 labor hours Wirapping and packing 32,000 finished units

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