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 $19,000 $ 43,200 $ 62,200 Direct labor 12,200 23,800 36,000 Overhead (3001 of direct labor cost) 36,600 71,400 108,000 Total cost $67,800 $138.400 $206,200 Quantity produced 10,500 ft. 14,100 Et. Average cost per ft. (rounded) $6.46 9.82 Glassworks's controller wishes to apply activity-based costing (ABC) to allocate the $108.000 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 Overhead Cost Category Activity Cost Pool) Supervision Depreciation of machinery Assembly line preparation Total overhead Cost $ 5,400 56,600 46,000 $ 108,000 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.) Overhead Coat Category (htivity Coat Pool) Supervision Depreciation of machinery Assembly line preparation Driver Direct labor cost (5) Machine hours Setups (number) Hounded Edge $12,200 500 hours Squared Edge $23.800 1,500 hours 210 tinea Total $36.000 2.000 hours 250 times Required: Required: Activity Rata % 1. Assign these three overhead cost pools to each of the two products using ABC. Activity Overhead Cost Activity Drivers Supervision Direct labor cost Depreciation of machinery Machine hours Assembly line preparation Setups Rounded edge Activity rato Supervision % Depreciation of machinery 0 Assembly line preparation 0 Activity driver Incurred Overhead assigned Activity rate Activity driver incurred Overhead assigned Squared edge Components Supervision Depreciation of machinery Assembly line preparation % 0 DOO 2. Detaine average cost per foot for each of the two products using ABC Rounded edge Squared edge