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Saved Help Save & Exit Su Check my wo Glassworks Inc. produces two types of...

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Accounting

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Saved Help Save & Exit Su Check my wo Glassworks Inc. produces two types of glass shelving, rounded edge and squared edge, on the same production line. For the current period, the company reports the following data Rounded Edge Squared Edge Total $9,500 6,100 18,300 Direct materials Direct labor Overhead (300t of direct labor cost) Total cost Quantity produced Average cost per ft. (rounded) $21,60031,100 18,000 54,000 $33,900$69,200 $103,100 11,900 35,700 S3.23 $4.87 Glassworks's controller wishes to apply activity-based costing (ABC) to allocate the $54,000 of overhead costs incurred by the two product lines to see whether cost per foot would change markedly from that reported above. She has collected the following information rhead Cost Catego (Activity Cost Pool) Supervision Depreciation of machinery Assembly line preparation Total overhead s 2,160 28, 840 3,000 $54,000 She has also collected the following information about the cost drivers for each category (cost pool) and the amount of each driver used by the two product lines. (Round activity rate and cost per unit answers to 2 decimal places.)

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