Carlise has identified the following information about its overhead activity pools and the two product lines: Activity Pools Materials handling Quality control Machine maintenance Required: Cost Driver Cost Assigned to Pool Number of moves $ 17,578 Number of inspections Number of machine hours $ 67,320 $ 41,500 Quantity or Amount Consumed by Indoor Line 580 moves 5,800 inspections 30,000 machine hours Quantity or Amount Consumed by Outdoor Line 360 moves 4,100 inspections 20,000 machine hours 1. Suppose Carlise used a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line. 2. Calculate the activity proportions for each activity pool in Carlise's ABC system. 3. Calculate the amount of overhead that Carlise will assign to the Indoor line if it uses an ABC system. 4. Determine the amount of overhead Carlise will assign to the Outdoor line if it uses an ABC system. 5. Compare the results for a traditional system with an ABC system. Which do you think is more accurate? Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Suppose Carlise used a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line. Note: Do not round intermediate calculations and round your final answers to the nearest whole dollar amount. Overhead Assigned Indoor Model Outdoor Model Total $ 0 Carlise has identified the following information about its overhead activity pools and the two product lines: Cost Assigned to Pool Number of moves Number of inspections Number of machine hours $ 17,578 $ 67,320 $ 41,500 Quantity or Amount Consumed by Indoor Line 580 moves 5,800 inspections 30,000 machine hours Quantity or Amount Consumed by Outdoor Line 360 moves 4,100 inspections 20,000 machine hours Activity Pools Materials handling Quality control Machine maintenance Required: Cost Driver 1. Suppose Carlise used a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line. 2. Calculate the activity proportions for each activity pool in Carlise's ABC system. 3. Calculate the amount of overhead that Carlise will assign to the Indoor line if it uses an ABC system. 4. Determine the amount of overhead Carlise will assign to the Outdoor line if it uses an ABC system. 5. Compare the results for a traditional system with an ABC system. Which do you think is more accurate? Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Calculate the activity proportions for each activity pool in Carlise's ABC system. Note: Round your answers to 2 decimal places. Materials Handling Quality Control Machine Maintenance Activity Proportions Indoor Line Outdoor Line % per Move % per Move % per Inspection % per Machine Hour % per Inspection % per Machine Hour Carlise has identified the following information about its overhead activity pools and the two product lines: Activity Pools Materials handling. Quality control Machine maintenance Cost Driver Cost Assigned to Pool Number of moves $ 17,578 Number of inspections Number of machine hours $ 67,320 $ 41,500 Quantity or Amount Consumed by Indoor Line 580 moves 5,800 inspections 30,000 machine hours Quantity or Amount Consumed by Outdoor Line 360 moves 4,100 inspections 20,000 machine hours Required: 1. Suppose Carlise used a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line. 2. Calculate the activity proportions for each activity pool in Carlise's ABC system. 3. Calculate the amount of overhead that Carlise will assign to the Indoor line if it uses an ABC system. 4. Determine the amount of overhead Carlise will assign to the Outdoor line if it uses an ABC system. 5. Compare the results for a traditional system with an ABC system. Which do you think is more accurate? Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Calculate the amount of overhead that Carlise will assign to the Indoor line if it uses an ABC system. Note: Round your intermediate calculations to 2 decimal places and round your final answers to the nearest whole dollar amount. Indoor Model Materials Handling Quality Control Machine Maintenance Total Overhead Assigned $ 0 Carlise has identified the following information about its overhead activity pools and the two product lines: Cost Assigned to Pool Number of moves $ 17,578 Number of inspections Number of machine hours $ 67,320 $ 41,500 Quantity or Amount Consumed by Indoor Line 580 moves 5,800 inspections 30,000 machine hours Quantity or Amount Consumed by Outdoor Line 360 moves 4,100 inspections 20,000 machine hours Activity Pools Materials handling Quality control Machine maintenance Required: Cost Driver 1. Suppose Carlise used a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line. 2. Calculate the activity proportions for each activity pool in Carlise's ABC system. 3. Calculate the amount of overhead that Carlise will assign to the Indoor line if it uses an ABC system. 4. Determine the amount of overhead Carlise will assign to the Outdoor line if it uses an ABC system. 5. Compare the results for a traditional system with an ABC system. Which do you think is more accurate? Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Required 5 Determine the amount of overhead Carlise will assign to the Outdoor line if it uses an ABC system. Note: Round your intermediate calculations to 2 decimal places and round your final answers to the nearest whole dollar amount. Outdoor Model Materials Handling Quality Control Maintenance Total Overhead Assigned $ 0