education.com/ext/map/index.html?con conexternal_browser Blaunchrleht 253A%252F%252Fimmheducation.com 252Fmgmiddleware Chapter 17 Homework Saved 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 Direct materials $ 9,600 $21,600 $ 31,200 Direct labor 6.100 11,900 18.000 Overhead (300% of direct labor cost) 18,300 35,700 54,000 Total cost 534,000 $69,200 $183,200 Quantity produced 10,300 ft 14, 100 ft Average cost per ft. (rounded) $ 3.30 $ 4.91 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 Cost overhead Cost Category (Activity Cost Pool) Supervision Depreciation of machinery Assembly line preparation Total overhead $ 2,160 28,840 23,000 $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.) Usage 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 56,100 511,900 300 hours 700 hours 30 times 93 times Total $18,000 1.000 hours 123 times