Schell Company manufactures automoble floor mats. It currently has two product lines, the Standard and the Deluxe. Schell has a total of $26,240 in overnead. It currently uses a traditional cost system with overhead appled to the product on the of elther labor hours or machine hours. Schell has complied the following information about possible cost drivers and its two prod lines: Required: 1. Suppose Schell uses a traditional costing system with direct labor hours as the cost driver. Determine the amount of overhead assigned to each product line. 2. Suppose Schell uses a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line. Complete this question by entering your answers in the tabs below. Suppose Schell uses a traditional costing system with direct labor hours as the cost driver. Determine the amount of overhead assigned to each product line. (Round activity rates to 4 decimal places and final answers to 2 decimal places.) Complete this question by entering your answers in the tabs below. Suppose Schell uses a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line. (Round activity rates to 4 decimal places and final answers to 2 decimal places.) Required: 1. Compute the activity rate for each activity. 2. Classify each activity as facility, product, batch, or unit level Required: 1. Compute the activity rate for each activity. 2. Classify each activity as facility, product, batch, or unit level. Complete this question by entering your answers in the tabs below. Compute the activity rate for each activity. (Round your answers to 2 decimal places.) Required: 1. Compute the activity rate for each activity. 2. Classify each activity as facility, product, batch, or unit level Complete this question by entering your answers in the tabs below. Classify each activity as facility, product, batch, or unit level