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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
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 costs $5,310,000 605,000 Expected production Direct labor hours required Hazardous waste disposed Chairs 201,000 units 268,000 DLH 300 pounds Tables 22,000 units 15,800 DLH 800 pounds 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. 0 Activity Driver tivity Driver OH $ per direct labor hour Units Produ Units Produced OH Cost per unit Product Chairs 0.00 0.00 Total Overhead Cost Total Overhead Cost $ $ Tables $ 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. 0 Activity Driver Total Overhead Cost Units Produced OH Cost per unit Product Chairs Tables OH $ per pound $ 0.00 $ 0.00 $ of
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