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

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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 Cost Pools	Estimated Overhead	Expected Use of Cost Drivers per Activity
Designing	$455,000	14,000	designer hours
Sizing and cutting	3,950,000	168,000	machine hours
Stitching and trimming	1,480,000	78,500	labor hours
Wrapping and packing	333,000	30,000	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.)

Designing Sizing and cutting Stitching and trimming Wrapping and packings Activity-based overhead rates per designer hour per

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Answer 1

Answer #1

Activity cost pool	Estimated overhead (A)	Expected use of cost drivers per activity (B)	Activity based O.H rate (A / B)
Designing	$455,000	14,000 Designer hours	$32.50
Sizing and cutting	$3,950,000	168,000 Machine hours	$23.51
Stitching & Trimming	$1,480,000	78,500 Labor hours	$18.85
Wrapping & packing	$333,000	30,000 Finished units	$11.10

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Answer 2

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