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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 $5,700,000 625,000

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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 $5,700,000 625,000 Chairs Expected production Direct labor hours required Hazardous waste disposed Tables 11,000 units 15,200 DLH 219,000 units 258,000 DLH 300 pounds 200 pounds Required etermine the hazardous waste disposal cost per unit single plantwide overhead rate based on direct labor hours. and for tables if costs are ass using a Activity Driver OH S per direct labor hour Total Overhead Cost Units Produced OH Cost per unit Product Chairs Tables Determine hazardous waste disposal costs per unit for chairs and for tables if costs are assigned based on the number of pounds disposed of. Activity Driver Units Produced OH Cost per unit Product OH S per poundTotal Overhead Cost Chairs Tables 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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