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Schell Company manufactures automobile floor mats. It currently has two product lines, the Standard and Schell has a total of $26,840 in overhead. It currently

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Schell Company manufactures automobile floor mats. It currently has two product lines, the Standard and Schell has a total of $26,840 in overhead. It currently uses a traditional cost system with overhead applied information about possible cost drivers and its two product lines: Schell Company Total 1,070 labor hours 7,160 machine hours Quantity/Amount Consumed by Standard Floor Mat Line 690 labor hours 2,950 machine hours Quantity/Amount Consumed by Deluxe Floor Mat Line 380 labor hours 4,210 machine hours Required: 1. Suppose Schell uses a traditional costing system with direct labor hours as the cost driver. Determine the and final answers to 2 decimal places.) Overhead Assigned Standard Floor Mat Deluxe Floor Mat 2. Suppose Schell uses a traditional costing system with machine hours as the cost driver. Determine the amour answers to 2 decimal places.) Overhead Assigned Standard Floor Mat Deluxe Floor Mat

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