Hayward Industries manufactures dining chairs and tables. The following information is available:

Perform the following analyses for these two components of overhead:
Compute total machine setups and inspection costs assigned to each product, using a single overhead rate.
_____________________________________________Total Costs
Dining chairs.................................$
Tables..........................................$
Compute total machine setups and inspection costs assigned to each product, using activity-based costing.

Transcribed Image Text:

Dining Chairs Tables Total Cost Machine setups 200 Inspections 250 Labor hous 2,600 600 $48,000 470 $72,000 2,400