Schell Company manufactures automobile floor mats. It currently has two product lines, the Standard and the...

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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 into its overhead and potential cost drivers. As a result, the company has compiled the following detailed information, breaking total overhead into three cost pools: Quantity/Amount Consumed by Standard Floor Mat Line: 30 moves Cott Assigned to Pool $3,750 Number of inspections $13,860 Number of machine hours $21,450 400 inspections 4,150 machine hours Activity Cost Pools Material handling Quality control Machine maintenance Cost Driver Number of moves Quartity/Amount Consumed by Deluxe Floor Mat Line 70 moves 600 inspections 3,000 machine hours Required: 1. Calculate the activity rates for each cost 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. Req 1 Reg 2 and 3 Calculate the activity rates for each cost pool assuming Schell uses an ABC system. (Round your answers to 2 decimal places.) Material Handling Quality Control Machine maintenance Activity Rate per Material Move per Inspection per Machine Hour Req 2 and 3> Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 2. Calculate the amount of overhead that Schell will assign to the Standard floor mat line. (Round your Intermediate calculations to 2 decimal places.) 3. Determine the amount of overhead Schell will assign to the Deluxe product line. (Round your intermediate calculations to 2 decimal places.) 2. Standard floor mat line 3. Deluxe product line Total Overhead Assigned Show less A 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 cost pools: Quantity/Amount Consumed by Standard Floor Mat Line: 30 moves Cott Assigned to Pool $3,750 Number of inspections $13,860 Number of machine hours $21,450 400 inspections 4,150 machine hours Activity Cost Pools Material handling Quality control Machine maintenance Cost Driver Number of moves Quartity/Amount Consumed by Deluxe Floor Mat Line 70 moves 600 inspections 3,000 machine hours Required: 1. Calculate the activity rates for each cost 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. Req 1 Reg 2 and 3 Calculate the activity rates for each cost pool assuming Schell uses an ABC system. (Round your answers to 2 decimal places.) Material Handling Quality Control Machine maintenance Activity Rate per Material Move per Inspection per Machine Hour Req 2 and 3> Complete this question by entering your answers in the tabs below. Req 1 Req 2 and 3 2. Calculate the amount of overhead that Schell will assign to the Standard floor mat line. (Round your Intermediate calculations to 2 decimal places.) 3. Determine the amount of overhead Schell will assign to the Deluxe product line. (Round your intermediate calculations to 2 decimal places.) 2. Standard floor mat line 3. Deluxe product line Total Overhead Assigned Show less A