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  3. weisman, inc. uses activity-based costing as the b

Weisman, Inc. uses activity-based costing as the basis for information to set prices for its...

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Accounting

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 $445,200 10,600 designer hours
Sizing and cutting 4,081,200 152,000 machine hours
Stitching and trimming 1,491,000 84,000 labor hours
Wrapping and packing 346,500 33,000 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

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

per designer hour
Sizing and cutting

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

per machine hour
Stitching and trimming

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

per labor hour
Wrapping and packing

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

per finished unit

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