question: weisman, inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats. activity estimated expected use of cost cost pools overhead drivers per activity designing $427,300 11, 400 designer hours sizing and $4,146,000 160,000 machine cutting hours stitching $1,459,000 81,300 labor hours and trimming wrapping $323,400 30, 300 finished and packing units compute the activity-based overhead rates using the budgeted data for each of the activity cost pools. (round answers to 2 decimal places, e. g. $12. 25.)
question: weisman, inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats. activity estimated expected use of cost cost pools overhead drivers per activity designing $427,300 11, 400 designer hours sizing and $4,146,000 160,000 machine cutting hours stitching $1,459,000 81,300 labor hours and trimming wrapping $323,400 30, 300 finished and packing units compute the activity-based overhead rates using the budgeted data for each of the activity cost pools. (round answers to 2 decimal places, e. g. $12. 25.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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weisman, inc. uses activity-based costing as the
basis for information to set prices for its six lines
of seasonal coats.
activity
estimated
expected use of cost
cost pools overhead
drivers per activity
designing
$427,300
11, 400
designer
hours
sizing and
$4,146,000
160,000 machine
cutting
hours
stitching
$1,459,000 81,300
labor hours
and
trimming
wrapping
$323,400
30, 300
finished
and packing
units
compute the activity-based overhead rates using the
budgeted data for each of the activity cost pools.
(round answers to 2 decimal places, e. g. $12. 25.)
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