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		$	9,500			$	21,800		$	31,300
Direct labor			6,000				12,000			18,000
Overhead (300% of direct labor cost)			18,000				36,000			54,000
Total cost		$	33,500			$	69,800		$	103,300
Quantity produced			10,500	ft.			14,000	ft.
Average cost per ft. (rounded)		$	3.19			$	4.99

Glassworks's controller wishes to apply activity-based costing (ABC) to allocate the $54,000 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)	Cost
Supervision		$	2,160
Depreciation of machinery			28,840
Assembly line preparation			23,000
Total overhead		$	54,000

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.)

Usage

Overhead Cost Category (Activity Cost Pool)

Driver

Rounded Edge

Squared Edge

Total

Supervision

Direct labor cost ($)

$

6,000

$

12,000

$

18,000

Depreciation of machinery

Machine hours

200

hours

600

hours

800

hours

Assembly line preparation

Setups (number)

30

times

95

times

125

times

Required:

1. Assign these three overhead cost pools to each of the two products using ABC.
Activity	Overhead Cost		Activity Drivers		Activity Rate
Supervision	$2,160		$18,000	Direct labor cost	12.00	%	of direct labor cost
Depreciation of machinery	28,840		800	Machine hours	$36.05		Per machine hour
Assembly line preparation	23,000		125	Setups	$184.00		Per setup
Rounded edge	Activity rate				Activity driver incurred		Overhead assigned
Supervision	need	%			need		need
Depreciation of machinery	need				need		need
Assembly line preparation	need				need		need
Squared edge	Activity rate				Activity driver incurred		Overhead assigned
Components
Supervision	12.00	%	0		need
Depreciation of machinery	$36.05		0		need
Assembly line preparation	$184.00		0		need
2. Determine average cost per foot for each of the two products using ABC.
			Rounded edge	Squared edge
			need	need
			need	need
			need	need
			need	need
			need	need