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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 $5,700,000 615,000

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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 $5,700,000 615,000 Expected production Direct labor hours required Hazardous waste disposed Chairs 213,000 units 254,000 DLH 400 pounds Tables 16,000 units 15,800 DLH 300 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 Total Overhead Cost Units Produced OH Cost per unit OHS per direct labor hour 0.00 1 $ 0.00 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 y Driver Units Produced OH Cost per unit Chairs OH $ per pound $ 0.00 $ 0.00 Total Overhead Cost $ $ Tables 3. Which method is better for assigning costs to each product? Assignment based on the number of pounds Assignment based on direct labor hours

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