Exercise 17-14 Activity-based costing LO P3 A2 ks 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 Direct materials Direct labor Overhead (3 Total cost Quantity produced 6,100 11,900 5,700 18,000 54,000 18,300 34,100 10, 300 ft. 69,200 $103,300 14,200 ft $ 3.31 $ 4.8 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 (Activity Cost Pool) Supervision Depreciation of machinery Assembly line preparation S 2,160 28,848 $ 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 octivity rate and cost per unit answers to 2 decimal places.) 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.) 300 hours 31 times 700 hours 93 times 1,e00 hours 124 times Depreciation of machinery Required: to each of the two Cost of machinery Ro