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Smythe Crystal makes fine tableware in its Ireland factory. The following data are taken from its production plans for the year. Required Determine the setup

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Smythe Crystal makes fine tableware in its Ireland factory. The following data are taken from its production plans for the year. Required Determine the setup cost per unit tor the wineglasses and for the commemorative vases if setup costs are assigned using a single plantwide overhead rate based on direct labor hours. Determine setup costs per unit tor the wineglasses and tor the commemorative vases if the setup are assigned based on the number of setups. Which method is better for assigning costs to each product? Explain

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