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 $ 9,400 Total $ 31,100 Direct materials $21,700 Direct labor 6,000 11,900 17,900 Overhead (300% of direct labor cost) 18,000 35,700 53,700 Total cost $33,400 $102,700 Quantity produced 10,600 ft. $ 3.15 $69,300 14,100 ft. $ 4.91 Average cost per ft. (rounded) Glassworks's controller wishes to apply activity-based costing (ABC) to allocate the $53,700 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 Cost (Activity Cost Pool) Supervision $ 2,148 28,680 Depreciation of machinery Assembly line preparation 22,872 $53,700 Total overhead 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.) Usage Overhead Cost Category Driver Total (Activity Cost Pool) Supervision Rounded Edge Squared Edge $6,000 $11,900 Direct labor cost ($) Machine hours 300 hours 600 hours 900 hours Depreciation of machinery Assembly line preparation Setups (number) 31 times 95 times 126 times $17,900 Required: 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 rate Supervision Depreciation of machinery Assembly line preparation Squared edge Activity rate Components Supervision % Depreciation of machinery Assembly line preparation 2. Determine average cost per foot for each of the two products using ABC. Rounded edge % Squared edge Activity Rate Activity driver incurred Activity driver incurred % Overhead assigned Overhead assigned