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Schell Company manufactures automobile floor mats. It currently has two product lines, the Standard and the Deluxe. Suppose that Schell has conducted further research
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 Assigned to Pool $ 2,058.00 $ 7,749.00 $ 12,087.00 Quantity or Amount Consumed by Standard Floor Mat Line 38 moves 510 inspections 3,060 machine hours. Activity Pools Material handling Quality control Machine maintenance Required: Cost Driver Number of moves Number of inspections Number of machine hours. 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. Quantity or Amount Consumed by Deluxe Floor Mat Line 60 moves 720 inspections 4,050 machine hours Answer is not complete. Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 31 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." Total Overhead Assigned < Prev 4 of 5 Next > Show less A + 2. Standard floor mat line $ 699 Total Overhead Assigned 1,363 x 3. Deluxe product line
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