D https//on E4-9 Calculating Traditional Overhead Rates, Assigning Costs [LO 41 Schell Company manufactures automobile floor mats. It currently has two product lines, the Standard and the Deluxe. Schell has a total of $39,060 in overhead. It currently uses a traditional cost system with overhead applied to the product on the basis of either labor following information about possible cost drivers and its two product lines Quantity/Amount Consumed by Consumed by Total rd Floor Mat Line e Floor Mat Li 400 labor hours 4.150 machine hours 200 labor hours 3,000 machine hours 7,150 Required 1. Suppose Schell uses a tradtional costing system with direct labor hours as the cost driver. Determine the amount of overhead assigned to each prod decimal places.) Overhead Assigned Standard Floor Mat Deluxe Floor Mat 2. Suppose Schell uses a traditional costing system with machine hours as the cost aniver places and final answers to 2 decimal places.)