Schell Company manufactures automobile floor mats. It currently has two product lines, the Standard and...

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Accounting

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 activity pools:
\table[[Activity Pools.,Cost Driver,\table[[Cost Assigned],[to Pool]],\table[[Quantity or Amount],[Consumed by Standard],[Floor Mat Line]],\table[[Quantity or Amount Consumed],[by Deluxe Floor Mat Line]]],[Material handling,Nufiber of moves,$3,000.00,42 moves,58 moves],[Quality control,Number of inspections,$8,820.00,560 inspections,700 inspections],[Machine maintenance,Number of machine hours,$12,257.00,2,990 machine hours,4,220 machine hours]]
Required:
Calculate the activity rates for each activity pool assuming Schell uses an ABC system.
Calculate the amount of overhead that Schell will assign to the Standard floor mat line.
Determine the amount of overhead Schell will assign to the Deluxe product line.
Complete this question by entering your answers in the tabs below.
'Req 1
Req 2 and 3
Calculate the activity rates for each activity pool assuming Schell uses an ABC system.
Note: Round your answers to 2 decimal places.
\table[[,Activity Rate,],[Material Handling,,per Material Move],[Quality Control,,per Inspection],[Machine maintenance,,per Machine Hour]]
(Need 1 & 2)
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