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Smythe Co. makes furniture. The following data are taken from its production plans for the year. Direct labor costs $5,800,000 Hazardous waste disposal costs 630,000
Smythe Co. makes furniture. The following data are taken from its production plans for the year.
Direct labor costs $5,800,000 Hazardous waste disposal costs 630,000 Tables Chairs 215,000 units 258,000 DLH 200 pounds 17,000 units 15,400 DLH 700 pounds Expected production Direct labor hours required Hazardous waste disposed 1. Determine the hazardous waste disposal cost per unit for chairs and for tables if costs are overhead rate based on direct labor hours. assigned using a single plantwide OH $ per direct labor hour Product Activity Driver Total Overhead Cost OH Cost per unit Units Produced 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 Product Activity Driver OH Cost per unit Total Overhead Cost Units Produced Chairs TablesStep by Step Solution
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