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Exercise 17-13 Comparing costs under ABC to traditional plantwide overhead rate LO P1, P3 Smythe Co. makes furniture. The following data are taken from its production plans for the year. Direct labor costs Hazardous waste disposal cos costs $5,498,800 625,000 Expected production Direct labor hours required Hazardous waste disposed Chairs 203,000 units 268,000 DLH 400 pounds Tables 9,000 units 15,600 DLH 900 pounds Required: 1. Determine the hazardous waste disposal cost per unit for chaira and for tables if costs are assigned using a single plantwide overhead rate based on direct labor hours. Product Activity Driver Units Produced OH Cost per unit OH $ per direct Total Overhead Cost labor hour 0.00 $ $ 0.00 $ Chairs 0 0 Tables 0 2. Dotermine hazardous waste disposal costs per unit for chairs and for tables if costs are assigned based on the number of pounds disposed of. Required: 1. Determine the hazardous waste disposal cost per unit for chairs and for tables if costs are assigned using a single plantwide overhead rate based on direct labor hours. Units Produced OH Cost per unit Product Activity Driver OH $ per direct Total Overhead Cost labor hour 0.00 $ 0.00 $ 0 0 Chairs Tables 0 2. Determine hazardous waste disposal costs per unit for chairs and for tables If couts are assigned based on the number of pounds disposed of. Product Activity Driver OH $ per pound Total Overhead Cost Units Produced OH Cost per unit 0 Chairs Tables $ $ 0.00 $ 0.00 $ 0 0