As you learned in the previous chapters, Current Designs has two main product lines-compocite kayaks, which are harndmade and ensure that costs are appropriately assigned to the company's products. At the same time the system that is used must not be so complex that its conts are greater than its bencfits Dane has decided to use the foll owine activitis and costs to evalute the methodr of assining overhead. As Diane examines the data, she decides that the cost of operating the oven for the rotomolded kayaks and the cost of operating the vacuum line for the composite kayaks can be directly assigned to each of these product lines and do not need to be assigned with the othercosis. For purposes of this analysis, assume that Current Designs uses $227,000 in direct labor costs to produce 1.000 composite kay aks and $311,750 in direct labor costs to produce 4,000 rotomolded kayals each year. One method of assigning overhe ad would assign the common costs to each product ilne by using an assignment basis such as the number of employces working on cach type of kayok or the amount of factory space used for the oroduction of each fype of kayak, Dane knows that about 50% of the area of the plant and 50%, of the employces work on the composite lcayaks, and the remaining space and other employees work on the rotomolded layaks. Using this information and remembering that the coxts of operating the oven and vacuum line have been directly assigned, determine the total amount to be assigned to the composite kayak line and the rotomolded kivyak line, and the amount to be assigned to each of the units in each line. (Round cost assigned per unit to 2 decimal places. es. 125.25 .) Another method of assigning overhead is to use direct labor dollars as an assienment basis. Remembering that the costs of the oven and the vacuum line have been assigned directly to the product lines, allocate the remalnine costs usins difect labor dollar as the allocation bashs. Then determine the amount of overbead that should be assigned to each unit of each product line using this method. (Round cost assigned per unir to 2 decinal places, es, 125.25.)