Schell has a total of $25,740 in overhead. It 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: Quantity/Amount Consumed by Deluxe Floor Mat Line 390 labor hours 4,060 machine hours: Schell Company Total 1,070 labor hours 7,000 machine hours Required: Quantity/Amount Consumed by Standard Floor Mat Line 680 labor hours 2,940 machine hours: 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. Required 1 Required 2 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.) Standard Floor Mat Overhead Assigned Deluxe Floor Mat Required 1 Required 2>