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Smythe Co. makes furniture. The following data are taken from its production plans for the year. Direct labor costs Hazardous waste disposal costs $5,360,000 625,000

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Smythe Co. makes furniture. The following data are taken from its production plans for the year. Direct labor costs Hazardous waste disposal costs $5,360,000 625,000 Expected production Direct labor hours required Hazardous waste disposed Chairs 210,000 units 252,000 DLH 400 pounds Tables 9,000 units 16,400 DLH 500 pounds 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. Product Activity Driver Units Produced OH Cost per unit Chairs OH $ per direct labor hour Total Overhead Cost $ 0.00 $ 0 $ 0.00 $ 0 0 Tables 0 2. Determine hazardous waste disposal costs per unit for chairs and for tables if costs are assigned based on the mumber of pounds disposed of. 0 Product Activity Driver OH $ per pound Total Overhead Cost Units Produced OH Cost per unit Product Activity Driver Units Produced OH Cost per unit Chairs OH $ per direct Total Overhead Cost labor hour $ 0.00 $ 0 $ 0.00 $ 0 0 Tables $ 0 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. Product Activity Driver Units Produced OH Cost per unit Chairs OH $ per pound Total Overhead Cost 0.00 $ $ 0.00 $ 0 $ $ 0 Tables 0 0 3. Which method is better for assigning costs to each product? O Assignment based on direct labor hours O Assignment based on the number of pounds

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