5 Smythe Co. makes furniture. The following data are taken from its production plans for the year. Direct labor costs $5,290,000 Hazardous waste disposal costs 610,000 Ints Expected production Direct labor hours required Hazardous waste disposed Chairs 209,000 units 272,000 DLH 400 pounds Tables 23,000 units 15,600 DLH 1,100 pounds 3. 00:44:27 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, Activity Driver Units Produced Product Chairs Tables OH S per direct Total Overhead Cost labor hour $ 0.00 $ 0 $ 0.00 $ OH Cost per unit 0 0 2. Determine hazardous waste disposal costs per unit for chairs and for tables if costs 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 Chairs 0.00 $ 0 0 $ $ Tables 0.00 $ 0 0 3. Which method is better for assigning costs to each product? Assignment based on direct labor hours O Assignment based on the number of pounds