Smythe Co. makes furniture. The following data are taken from its production plans for the year. Direct labor costs $5,300,000 625,000 Hazardous waste disposal costs Chairs Tables 23,000 units 15,800 DLH 200 pounds 213,000 units 254,000 DLH 600 pounds Expected production Direct labor hours required Hazardous waste disposed 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 di rect labor hours Cost per unit OH $ per direct labor hour Units Produced Activity Driver Total Overhead Cost Product 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. Cost per Activity Driver Units Produced OH $ per pound Total Overhead Cost Product unit Chairs 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