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HOW DO I CALCULATE? Smythe Co. makes furniture. The following data are taken from its production plans for the year. Direct labor costs $5,750,000 620,000
HOW DO I CALCULATE?
Smythe Co. makes furniture. The following data are taken from its production plans for the year. Direct labor costs $5,750,000 620,000 Hazardous waste disposal costs Chairs Tables 21,000 units 16,200 DLH 600 pounds 211,000 units 262,000 DLH 200 pounds Expected production Direct labor hours required Hazardous waste disposed Required: 1. Determine the hazardous waste disposal cost per unit for chairs and for tables if costs are assigned using a single plantwide overhead rate based on direct labor hours. OH $ per direct labor hour Product Activity Driver Total Overhead Cost Units Produced OH Cost per unit Chairs Tables 2. Determine hazardous waste disposal costs per unit for chairs and for tables if costs are assigned based on the number of pounds disposed of. OH $ per pound OH Cost per unit Product Activity Driver Total Overhead Cost Units Produced Chairs TablesStep by Step Solution
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