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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

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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: Cost Quantity/Amount Quantity/Amount Assigned to Consumed by Consumed by Activity Coat Pools Cost Driver Pool Standard Floor Mat Line Deluxe Floor Mat Line Material handling Number of moves $ 3,298.00 31 moves 66 moves Quality control Number of inspections $ 9,450.00 630 inspections 720 inspections Machine maintenance Number of machine houro $ 12,834.00 2,940 machine hours 4,190 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

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