Practice (no grade rewarded) : Schell Company manufactures automobile floor mats. It currently has two product lines, the Standard and the Deluxe.

Schell has a total of $25,840 in overhead. It currently uses a traditional cost system with overhead applied to the product on the basis of either labor hours or machine hours. Schell has compiled the following information about possible cost drivers and its two product lines:

Schell Company Total Quantity/Amount Consumed byStandard Floor Mat Line Quantity/Amount Consumed by Deluxe Floor Mat Line

1,190 labor hours 740 labor hours 450 labor hours

7,020 machine hours 2,950 machine hours 4,070 machine hours

1.Suppose Schell uses a traditional costing system with direct labor hours as the cost driver. Determine the amount of overhead assigned to each product line.(Round activity rates to 4 decimal places and final answers to 2 decimal places.)

Standerd Floor Mat

Deluxe Floor Mat

2.Suppose Schell uses a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line.(Round activity rates to 4 decimal places and final answers to 2 decimal places.)

Standard Floor Mat

Deluxe Floor Mat