Question & Answer: Smythe Co. makes furniture. The following data are taken from its production plans for the year Direct labor costs Hazardous waste disposal c…..

Smythe Co. makes furniture. The following data are taken from its production plans for the year Direct labor costs Hazardous waste disposal costs $5,870,000 630,000 Chairs Tables Expected production Direct labor hours required Hazardous waste disposed 211,000 units 254,000 DLH 17,000 units 16,400 DLH 200 pounds 800 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 Activity Driver OH $ per direct labor hour Units Produced OH Cost per unit Product Total Overhead Cost 0.00 $ 0.00$ Chairs 0 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 Activity Driver Units Produced OH Cost per unit Product OH $ per pound Total Overhead Cost 0.00 $ 0.00 $ Chairs Tables

Smythe Co. makes furniture. The following data are taken from its production plans for the year Direct labor costs Hazardous waste disposal costs $5,870,000 630,000 Chairs Tables Expected production Direct labor hours required Hazardous waste disposed 211,000 units 254,000 DLH 17,000 units 16,400 DLH 200 pounds 800 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 Activity Driver OH $ per direct labor hour Units Produced OH Cost per unit Product Total Overhead Cost 0.00 $ 0.00$ Chairs 0 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 Activity Driver Units Produced OH Cost per unit Product OH $ per pound Total Overhead Cost 0.00 $ 0.00 $ Chairs Tables

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