Swifty, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats. Activity Cost Pools Sizing and cutting Stitching and trimming Wrapping and packing 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.) Sizing and cutting Stitching and trimming Estimated Estimated Use of Overhead Cost Drivers per Activity $3,952,500 150,000 machine hours 1,398,750 75,000 labor hours 300,000 30,000 finished units Wrapping and packing $ Activity-based overhead rates per machine hour per labor hour per finished unit

Swifty, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats. Activity Cost Pools Sizing and cutting Stitching and trimming Wrapping and packing 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.) Sizing and cutting Stitching and trimming Estimated Estimated Use of Overhead Cost Drivers per Activity $3,952,500 150,000 machine hours 1,398,750 75,000 labor hours 300,000 30,000 finished units Wrapping and packing $ Activity-based overhead rates per machine hour per labor hour per finished unit

Name: Hw.143. Swifty, Inc. uses activity-based costing as the basis for info
Uploaded: 2024-03-20T06:33:06.000Z
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Description: Hw.143. Swifty, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats.EstimatedOverhead$3,952,500150,000 machine hours1,398,75075,000 labor hours300,000 30,000 finished unitsActivity Cost Pool

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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