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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

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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 the following data, Direct materials Direct labor Overhead (300% of direct labor cost) Total cost Quantity produced Average cost per ft. (rounded) Rounded Edge $ 19,000 12,200 36,600 $67,800 10,500 ft. $ 6.46 Squared Edge Total $ 43,200 $ 62,200 23,800 36,000 21,400 188,000 $138,400 $206,200 14,100 ft. $ 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 $5,400 Depreciation of machinery 56,600 Assembly line preparation 46.000 Total overhead $100,000 Cost 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 (Activity Cost Pool) Supervision Depreciation of machinery Assembly line preparation Driver Direct labor cost (5) Machine hours Setup (number) Rounded Eden $12,200 500 hours 40 times Squared Edge $2,500 1,500 hours 210 tim Total $36,000 2,000 hours Overhead Cost Activity Drivers Activity Rate Direct labor cost % Machine hours Setups Activity Supervision Depreciation of machinery Assembly line preparation Rounded edge Supervision Depreciation of machinery Assembly line preparation Activity rate Activity driver incurred Overhead assigned % 10 0 Activity rate Activity driver incurred Overhead assigned Squared edge Components Supervision Depreciation of machinery Assembly line preparation % 0 0 0 2. Determine average cost per foot for each of the two products using ABC Rounded edge Squared edge

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