Return to question 11 Schell Company manufactures automobile floor mats. It currently has two product lines, the Standard and the Deluxe. Schell has a total of $26,340 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: 0.64 points Schell Company Total 1,130 labor hours 7,100 machine hours Quantity/Amount Consumed by Standard Floor Mat Line 750 labor hours 3,070 machine hours Quantity/Amount Consumed by Deluxe Floor Mat Line 380 labor hours 4,030 machine hours Required: 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. 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. Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Suppose Schell uses 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.) Overhead Assigned Standard Floor Mat Deluxe Floor Mat