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Calculate the activity-based overhead rates using budgeted

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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

Reference no: EM132500345

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