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		$	9,300			$	21,600		$	30,900
Direct labor			6,000				12,000			18,000
Overhead (300% of direct labor cost)			18,000				36,000			54,000
Total cost		$	33,300			$	69,600		$	102,900
Quantity produced			10,300	ft.			14,000	ft.
Average cost per ft. (rounded)		$	3.23			$	4.97

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		93	times		123	times

Required:

2. Determine average cost per foot for each of the two products using ABC. Rounded edge Squared edge 1. Assign these three overhead cost pools to each of the two products using ABC. Overhead Cost Activity Drivers Activity Rate Direct labor cost % Activity Supervision Depreciation of machinery Assembly line preparation Machine hours Setups Rounded edge Activity rate Activity driver incurred Overhead assigned % Supervision Depreciation of machinery Assembly line preparation Activity rate Activity driver incurred Overhead assigned Squared edge Components Supervision Depreciation of machinery Assembly line preparation %