Smythe Co. makes furniture. The following data are taken from its production plans for the year....

Smythe Co. makes furniture. The following data are taken from its production plans for the year.


Direct labor costs	$	5,590,000
Hazardous waste disposal costs		625,000

	Chairs		Tables
Expected production	219,000	units	19,000	units
Direct labor hours required	270,000	DLH	16,400	DLH
Hazardous waste disposed	500	pounds	400	pounds

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.
		0

Product	Activity Driver	OH $ per direct labor hour	Total Overhead Cost	Units Produced	OH Cost per unit
Chairs		$0.00	$0		0
Tables		$0.00	$0		0

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.
		0

Product	Activity Driver	OH $ per pound	Total Overhead Cost	Units Produced	OH Cost per unit
Chairs		$0.00	$0		0
Tables		$0.00	$0		0

Expert Solution

Solution:

1. Determination of Hazardous waste disposal cost per unit for chair and for tables (Single Overhead rate based on Direct labor hours)
Hazardous waste disposal cost	$6,25,000	$2.18226	per DLH
Total direct labor hours	286400
Product	Activity driver	OH $ per DLH	Total Overhead cost	Units produced	OH Cost per unit
Chair	270000	$2.18226	$5,89,211	$2,19,000	$2.69
Table	16400	$2.18226	$35,789	$19,000	$1.88

2. Determination of Hazardous waste disposal cost per unit for chair and for tables (Based on number of pounds disposed off)
Hazardous waste disposal cost	$6,25,000	$694.44444	per pound
Total pounds disposed off	900
Product	Activity driver	OH cost per Pound	Total Overhead cost	Units produced	OH Cost per unit
Chair	500	$694.44444	$3,47,222	$2,19,000	$1.59
Table	400	$694.44444	$2,77,778	$19,000	$14.62

ekkarill92 answered 1 year ago

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