Schell 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 following detailed information, breaking total overhead into three activity pools: Cost Driver Number of moves Number of inspections Number of machine hours Quantity or Amount Cost Assigned Consumed by Standard Floor Quantity or Amount Consumed to Pool $ 2,726.00 $ 9,024.00 $ 15,036.00 Mat Line 41 moves 550 inspections 3,020 machine hours Activity Pools Material handling Quality control Machine maintenance 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. by Deluxe Floor Mat Line 53 moves 860 inspections 4,140 machine hours 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. Material Handling Quality Control Machine maintenance Activity Rate per Material Move per Inspection per Machine Hour Schell 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 following detailed information, breaking total overhead into three activity pools: Cost Driver Number of moves Number of inspections Number of machine hours Quantity or Amount Cost Assigned Consumed by Standard Floor Quantity or Amount Consumed to Pool $ 2,726.00 $ 9,024.00 $ 15,036.00 Mat Line 41 moves 550 inspections 3,020 machine hours Activity Pools Material handling Quality control Machine maintenance 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. by Deluxe Floor Mat Line 53 moves 860 inspections 4,140 machine hours 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. 2. Standard floor mat line 3. Deluxe product line Total Overhead Assigned Show less A