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Bluefield Corp. has two product lines, Aand B. Bluefield has identified the following information about its overhead and potential cost drivers $73,320 Total overhead Cost

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Bluefield Corp. has two product lines, Aand B. Bluefield has identified the following information about its overhead and potential cost drivers $73,320 Total overhead Cost drivers Number of labor hours Number of machine hours 2,800 47,000 Required 1. Suppose Bluefield Corp. uses a traditional costing system with number of labor hours as the cost driver. Determine the amount of overhead assigned to each product line if Product A requires 80 percent of the labor hours and Product B requires 20 percent. (Round your final answer to nearest whole dollar amount.) Overhead Assigned Product A Product B 2. Suppose Bluefield uses a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line if Product A consumes 17,200 machine hours and Product B consumes 29,800. (Round intermediate calculations to 2 decimal places and your final answers to the nearest whole dollar amount.) Overheacd Assigned Product A Product B

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