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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

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.

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Chapter 'I7 Connect Homework Assignment 0 Saved Help Save & Exit Submit Check my work A 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. 15 Rounded Edge Squared Edge Total points Direct materials 5 9,360 $ 21,660 5 36,966 Direct labor 6,600 11,890 17,896 Sklpped Overhead (366% of direct labor cost) 18,860 35,460 53,466 Total cost 5 33,390 5 68, 866 $102,166 Quantity produced 16,596 ft. 14,266 ft. eBook Average cost per- ft. (rounded) 5 3.17 $ 4.85 Hint Glassworks's controller wishes to apply activity-based costing (ABC) to allocate the $53,400 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 References information. Print (We rhead Cost Category (Activity Cost Pool) Cost Supervision $ 2,136 Depreciation of machinery 28,526 Assembly line preparation 22, 74-4 Total overhead $ 53,486 7 V ' > MC Ill 5'\" Ercy 1 of 2 n: Next ) Chapter 17 Connect Homework Assignment 0 Saved Help Save 8. Exit Submit heck my work A 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 15 overhead Cost Category points (Activity cast Pool) Driver- Rounded Edge Squared Edge Total Superv1s1on Direct labor cost ($) $6,686 $11,886 $17,886 Ski ped Depreciation of machinery Machine hours 406 hours 606 hours 1,606 hours p Assembly line preparation Setups (number) 36 times 93 times 123 times 6900\" Required: Hint Print References SUPeWiSiO" Depreciation of machinery Assembly line preparation Supervision Depreciation of machinery Mc gmw Bra! 1 of 2 E: e .t > mu Mm Chapter 17 Connect Homework Assignment i Saved Help Save & Exit Submit Check my work Rounded edge Activity rate Activity driver incurred Overhead assigned Supervision % 0 15 Depreciation of machinery 0 points Assembly line preparation 0 Skipped Squared edge Activity rate Activity driver incurred Overhead assigned eBook Components Supervision % 0 Hint Depreciation of machinery 0 Print Assembly line preparation 0 References 2. Determine average cost per foot for each of the two products using ABC. Rounded edge Squared edge Mc Graw Hill Education

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