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Schell Company manufactures automobile from mats. It currently has two product lines, the Standard and the Deluxe Schell has a total of $20.0fifl in overhead

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Schell Company manufactures automobile from mats. It currently has two product lines, the Standard and the Deluxe Schell has a total of $20.0fifl in overhead h currently uses a traditional cost system with overhead applied to the product on the basis of either labor hours or machine hours Schell has compiled the following information about possible cost drivers and its two product lines: Required: Suppose shell uses a traditional costing system with direct labor hours as the cost driver. Determine the amount or overhead assigned to each product line. (Round activity rates answers to 2 decimal places.) Suppose Schell uses a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assumed to each product line (Round activity rates to 4 decimal places and final answers to 2 decimal places.)

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