Glassworks Inc. produces two types of glass shelving, rounded edge and squared edge, on the same production lne. For the current perlod, th e company reports the following data. Direct materials Direct Labor Overhead (300% of direct labor cost) Total cost Quantity produced Average cost per ft. (rounded) $ 9,680 6,188 18,300 S34,e80 $21,58031,188 18,888 54,808 $ 69,108 $183,188 11,988 35,788 14,288 ft $ 4.87 18,680 ft $ 3.21 Glassworks's controller wishes to apply activlty-based costing (ABC) to allocate the $54,000 of overhead costs Incurred by the two product lnes to see whether cost per foot would change markedly from that reported above. She has collected the following Information. Overhead Cost Category (Activity Cost Poo1) Supervision Depreciation of machinery Assembly line preparation Total overhead Cost $ 2,160 28,848 23,808 $ 54,808 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.) Overhead Cost Category (Activity Cost Supervision Depreciation of machinery Assembly line preparation Driver Rounded Edge Squared Edge Total Direct labor cost () Machine hourS $6,108 $11,988 $18,888 488 hours 31 tines 798 hours 93 tines 1,188 hours Setups (number) 124 times Required ssign Activity Overhead Cost Activity Drivers Activity Rate Depreciation of machinery Assembly line preparation Direct labor cost Machine hours Setups Rounded edge Activity rate Overhead assigned Assembly line preparation Squared edge Activity rate Overhead assigned Assembly line preparation 2. Determine average cost per foot for each of the two products using A Rounded edge Squared edge