Reference no: EM132500345
Question 1: Coats Galore 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.)
Activity Cost Pools Estimated Overhead Estimated Use of Cost Drivers per Activity
Designing $528,800 16,000 designer hours
Sizing and cutting 4,513,485 168,100 machine hours
Stitching and trimming 2,105,955 88,300 labour hours
Wrapping and packing 434,715 39,700 finished units