TIB-20275 : ' x ch 17 Hw m Ch 17 HW (13 pts.) 4 Exercise 17-14 Activity-based costing LO P3 A2 Glassworks Inc. produces two types of glass sheving, rounded edge and squared edge, on the same production line. For the current period, the company reports the following data. 43,200 $ 62,200 23,800 $19,000 Overhead (300t ot direct labor coat Total cost Quantity produced $67,800 $138,400 $206,200 10,500 ft. s 6.46 14,100 ft. 9.82 Glassworks's wishes to apply activity-based costing (ABC) to allocate the $108,000 of overhead costs incurred by the two product lines to see whether cost per foot would change markedly from that reported above. She has collected the following Depreciation of machinery 56,600 $108,000 She has also collected the following information about the cost drivgrs for each category (cost pool) and the amount of each driver used by the two product lines.(Round activity rate and cost per unit answers to 2 decimal places) Cost Category 23,800 Machine hours 500 houra 1,500 hours 2,000 hours 210 tiners of sachinery 250 tines K Prey 4 of 7 Next Ch 17 HW (13 pts) of machinery Machine ours