Question 1 Weisman, Inc. uses activity-based costing as the basis for informatio

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Question 1 Weisman, Inc. uses activity-based costing as the basis for information to set prices for its sik lines of seasonal coats. Estimated Overhead Expected Use of Cost Drivers per Activity Activity Cost Pools Designing Sizing and cutting Stitching and trimming Wrapping and packing $445,000 10,600 designer hours 4,080,000 152,000 machine hours 1,490,000 84,000 labor hours 33,000 finished units 347,000 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.) Activity-based overhead rates Designing Sizing and cutting Stitching and trimming Wrapping and packing per designer hour per machine hour per labor hour per finished unit By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Question Attempts: 0 of 1 used SAVE POR LATER SUBMIT ANSWER Earn Maximum Points available only if you answer this question correctly in your first attempt.

Explanation / Answer

Designing $445,000/10,600 = $41.98 per designer hour Sizing and cutting $4,080,000/152,000 = $26.84 per machine hour Stitching and trimming $1,490,000/84,000 = $17.74 per labour hour Wrapping and packaging $347,000/33,000 = $10.52 per finished unit

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