Question: make a chart and highlight the answers please for each box. thanks Activity Rate 1. Assign these three overhead cost pools to each of the

Activity Rate 1. Assign these three overhead cost pools to each of the two products using ABC. Activity Overhead Cost Activity Drivers Supervision Direct labor cost Depreciation of machinery Machine hours Assembly line preparation Setups % Activity rate Activity driver incurred Overhead assigned % 0 Rounded edge Supervision Depreciation of machinery Assembly fine preparation 0 0 Activity rate Activity driver incurred Overhead assigned Squared edge Components Supervision Depreciation of machinery Assembly line preparation % 0 OOO 2. Determine average cost per foot for each of the two products using ABC Rounded edge Squared edge Glassworks Inc. produces two types of glass shelving, rounded edge and squared edge, on the same production line. For the cura period, the company reports the following data. Direct materials Direct labor Overhead (300* ot direct labor cost) Total cost Quantity produced Average cost per ft. (rounded) Rounded Edge $ 9,500 6,000 18,000 $33,500 10,300 ft. $ 3.25 Squared Edge Total $21,800 $ 31,300 12,000 18,000 36,000 54,000 $69,800 $103,300 14,000 ft. $ 4.99 Glassworks's controller wishes to apply activity-based costing (ABC) to allocate the $54,000 of overhead costs incurred by the tv product lines to see whether cost per foot would change markedly from that reported above. She has collected the following information Overhead Cont Category (Activity Coat Pool) Supervision Depreciation of machinery Assembly line preparation Total overhead Cost $ 2,160 28.840 23,000 $54,000 She has also collected the following information about the cost drivers for each category (cost pool and the amount of each dri used by the two product lines. (Round activity rate and cost per unit answers to 2 decimal places.) Usage Overhead Cost Category (Activity Cost Pool) Driver Rounded Edge Squared de Total Supervision Direct labor cost ($) $6,000 $12,000 $18,000 Depreciation of machinery Machine hours 1,000 hours Assembly line preparation Setups (number) 32 times 200 hours 800 hours 95 times 127 times
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