Chapter 17 Assignment XC Way Cool Produces Two Dif+ Y ? () | A https/ewconnect.nheducation.com/flow/connect.html hapter 17 Assignment? 8 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 31,180 18,180 54,300 ? s9,380$21,80 Direct materials Direct labor Overhead (30e% of direct labor cost) Total cost Quantity prodaced Average cost per ft. (rounded) 6,200 18,600 34,100 1,580 ft 14,180 ft. 11,900 35,700 $69,400 5103,500 s3.25 4.92 Glassworks's controller wishes to apply activity based costing (ABc) to allocate the $54,300 of overhead costs incurred by the two product Iines to see whether cost per foot woulkd change markedly from that reported above She has collected the following cost c Pool (Activity Cost Supervis ion Depreciation of machinery Assesbly 1ine preparation23,128 Total overhead s 2,172 29,000 554, 300 drivers for each category (cost pool and the amount of each driver She has also collected the following information about the cost used by the two product lines. (Round activity rate and cost per unit enswers to 2 decimal places) Overhead Cost Category (Activity Cost Pool) Supervision Depreciation of machinery Machine hours Assesbly 1ine preparation Setups (number) Direct labor cost () 6, 200 $11,980 $18,180 200 hours 700 hours90 hours 93 ties 124 tines Required O Type here to search