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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 Consumed by Consumed by Activity Cost Pools Cost Driver to Pool Standard Floor Mat Line Deluxe Floor Mat Line Material handling Number of moves $ 3,750 30 moves 70 moves Quality control Number of inspections $13,860 400 inspections 600 inspections Machine maintenance Number of machine hours $21,450 4,150 machine hours 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. $ Reg 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 is egt Req 2 and 3 > 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. Reg 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 decimal places.) Show less Total Overhead Assigned 2 3. Standard floor mat line Deluxe product line

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