coh-condexternal_browser=0&launchurl=https%253A%252F%252F1 Northwest Company 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. (Round activity rate and cost per foot answers to 2 decimal places.) Rounded Edge Squared Edge Total Direct materials $ 9,500 $21,800 $ 31,300 Direct labor 6,200 11,900 18,100 Overhead (300% of direct labor cost) 18,680 35,700 54,300 Total cost $34,300 $69,400 $103,700 Quantity produced 10,400 ft. 14,200 ft. Average cost per ft. (rounded) $ 3.30 $ 4.89 Northwest's controller wishes to apply activity-based costing (ABC) to allocate the $54,300 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 Overhead Cost Category Activity Cost Pool) Cost Supervision $ 2,172 Depreciation of machinery 29,000 Assembly line preparation Total overhead $54,300 23, 128 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. Total 318,100 Overhead Cost Category (Activity Cost Pool) Supervision Depreciation of machinery Assembly line preparation Driver Direct labor cost (5) Machine hours Setups (number) Rounded Edge Squared Idee 56,200 $11,900 200 hours 600 hours 32 times Required the two products using ABG FULL were he has also collected the following information about the cost drivers for each category (cost pool) and the ar sed by the two product lines Usate Overhead Cost Category (Activity Cost Pool) Supervision Depreciation of machinery Assembly line preparation Driver Direct labor cost (5) Machine hours Setups (number) Rounded Edge Squared Edge 56,200 $11,900 200 hours 600 hours 32 times 94 times Total $18, 100 800 he 126 t Activity Rate Required 1. Assign these three overhead cost pools to each of the two products using ABC. Activity Overhead Cost Activity Drivers Supervision Direct labor cost Depreciation of machinery Machine hours Assembly line preparation Setups of direct labor cost per machine hour per setup Activity driver incurred Overhead assigned Rounded edge Activity rate Supervision Depreciation of machinery Assembly line preparation Activity driver incurred Overhead assigned Activity rate Squared edge Components Supervision Depreciation of machinery Assembly line preparation 2. Determine avage cost per foot for each of the two products using ABC. Rounded edge Squared edge E Type here to search