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Smythe Co. makes furniture. The following data are taken from its production plans for the year. Direct labor costs $ 5,740,000 Hazardous waste disposal costs

Smythe Co. makes furniture. The following data are taken from its production plans for the year.

Direct labor costs $ 5,740,000
Hazardous waste disposal costs 625,000

Chairs Tables
Expected production 208,000 units 9,000 units
Direct labor hours required 272,000 DLH 16,000 DLH
Hazardous waste disposed 400 pounds 500 pounds

image text in transcribed

3. Which method is better for assigning costs to each product?

multiple choice

Assignment based on direct labor hours or Assignment based on the number of pounds

ECURQexternal browser=0&launchUrl=https%253A% 52F%252Fnewconnect.mheducation.c... sig cap 4 Saved 6 Hazardous waste disposed 408 pounds 500 pounds Required: 8. points 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. eBook Product Activity Driver OH S per direct labor hour Total Overhead Cost Units Produced OH Cost per unit Print 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. Product Activity Driver OH S per pound Total Overhead Cost Units Produced OH Cost per unit Chairs Tables ECURQexternal browser=0&launchUrl=https%253A% 52F%252Fnewconnect.mheducation.c... sig cap 4 Saved 6 Hazardous waste disposed 408 pounds 500 pounds Required: 8. points 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. eBook Product Activity Driver OH S per direct labor hour Total Overhead Cost Units Produced OH Cost per unit Print 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. Product Activity Driver OH S per pound Total Overhead Cost Units Produced OH Cost per unit Chairs Tables

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