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Glassworks Inc. produces two types of glass shelving, rounded edge and squared edge, on the same production line. For the current period, the company reports

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Glassworks Inc. produces two types of glass shelving, rounded edge and squared edge, on the same production line. For the current period, the company reports the following data 630, 900 $21,400 11.900 Direct materials Direct Labor Overhead (3001 or direct labor coat) Total cost Quantity produced Average cost per ft. (rounded) 633.500 6102.500 669.000 24.100 Glassworks's controller wishes to apply activity based costing (ABC) to allocate the $53,700 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 Information Coat & 2.140 Overhead CORE Category Cativity Coat Pool) Supervision Depreciation of machinery Assembly line preparation Total overhead She has also collected the following information about the cost drivers 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.) Usage Total Over Cost Category Activity Cost Pool) Supervision Depreciation of machinery Assembly line preparation Direct Tabor 0000 (8) Machine Tour Rounded Edge $6.000 300 Hours ties Squared Edge 11,900 300 hours 94 times 317.900 1.100 hours 124 times Required: Active Overhead Cost Activity Drivers Activity Rate Supervision Depreciation of machinery Assembly line preparation Dired labor cost Machine hours Setups Rounded edge Activity rate Activity driver incurred Overhead assigned Supervision Depreciation of machinery Assembly line preparation Activity rate Activity driver incurred Overhead assigned Squared edge Components Supervision Depreciation of machinery Assembly line preparation 10 2. Determine average cost per foot for each of the two products using ABC. Rounded edge Squared edge e average cost perfoot for each of the two products ABC Rounded edge Squared edge

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