Exercise 17-16 Comparing costs under ABC to traditional plantwide overhead rate LO P1, P3, A1, A2 Smythe Co. makes furniture. The following data are taken from its production plans for the year Direct labor costs Hazardous waste disposal costs $5,540,000 610,000 airs Expected production Direct labor hours required Hazardous waste disposed 205,000 units 264,000 DLH 9,000 units 16,400 DLH 600 pounds 600 pounds Required 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 OH $ per direct labor hour Units Produced OH Cost per unit Product Total Overhead Cost Chairs Tables Determine hazardous waste disposal costs per unit for chairs and for tables if costs are assigned based on the umber of pounds disposed of Activity Driver Units Producec OH Cost per unit Product OH $ per pound Total Overhead Cost