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chell Company manufactures automobile floor mats. It currently has two product lines, the Standard and the Deluxe. Suppose that chell has conducted further research into
chell Company manufactures automobile floor mats. It currently has two product lines, the Standard and the Deluxe. Suppose that chell has conducted further research into its overhead and potential cost drivers. As a result, the company has compiled the following etailed information, breaking total overhead into three activity pools: Quantity or Amount Cost Assigned Consumed by Standard Quantity or Amount Consumed Activity Pools Cost Driver to Pool Floor Mat Line by Deluxe Floor Mat Line Material handling Number of moves $ 2,940.00 44 moves 54 moves Quality control Number of inspections $ 9,730.00 600 inspections 790 inspections Machine maintenance Number of machine hours $ 11, 985.00 2,990 machine hours 4, 060 machine hours required: 1. Calculate the activity rates for each activity pool assuming Schell uses an ABC system. 2. Calculate the amount of overhead that Schell will assign to the Standard floor mat line. 3. Determine the amount of overhead Schell will assign to the Deluxe product line. Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 Calculate the activity rates for each activity pool assuming Schell uses an ABC system. Note: Round your answers to 2 decimal places. Activity Rate Material Handling per Material Move Quality Control per Inspection Machine maintenance per Machine HourSchell Company manufactures automobile floor mats. It currently has two product lines, the Standard and the Deluxe. Suppose that Schell has conducted further research into its overhead and potential cost drivers. As a result, the company has compiled the followin detailed information, breaking total overhead into three activity pools: Quantity or Amount Cost Assigned Consumed by Standard Quantity or Amount Con Activity Pools Cost Driver to Pool Floor Mat Line by Deluxe Floor Mat L Material handling Number of moves $ 2,940.00 44 moves 54 moves Quality control Number of inspections $ 9,730.00 600 inspections 790 inspections Machine maintenance Number of machine hours $ 11, 985.00 2,990 machine hours 4, 060 machine hour Required: 1. Calculate the activity rates for each activity pool assuming Schell uses an ABC system. 2. Calculate the amount of overhead that Schell will assign to the Standard floor mat line. 3. Determine the amount of overhead Schell will assign to the Deluxe product line. Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 2. Calculate the amount of overhead that Schell will assign to the Standard floor mat line. Note: Round your intermediate calculations to 2 decimal places. 3. Determine the amount of overhead Schell will assign to the Deluxe product line. Note: Round your intermediate calculations to 2 decimal places. Show less A Total Overhead Assigned 2. Standard floor mat line 3. Deluxe product line
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