Smythe Co. makes furniture. The following data are taken from its production plans for the year. Direct labor costs Hazardous waste disposal costs $5,650,000 605,000 Expected production Direct labor hours required Hazardous waste disposed Chairs 203,000 units 270,000 DLH 500 pounds Tables 16,000 units 15,600 DLH 1,200 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. ces Activity Driver OH $ per direct labor hour Total Overhead Cost Product Chairs Tables Units Produced OH Cost per unit 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 Product Driver OH $ per pound Total Overhead Cost Produced Chairs Tables es 3. Which method is better for assigning costs to each product? Assignment based on direct labor hours Assignment based on the number of pounds