Chapter 4 Assignment i Saved Bluefield Corp. has two product lines, A and B. Bluefield has identified the following information about its overhead and potential cost drivers: points $83,700 Skipped Total overhead Coat drivers Number of labor hours Number of machine hours 3,400 54,000 eBook Required: 1. Suppose Bluefield Corp. uses a traditional costing system with number of labor hours as the cost driver. Determine the amount of overhead assigned to each product line if Product A requires 77 percent of the labor hours and Product B requires 23 percent. 2. Suppose Bluefield uses a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line if Product A consumes 17,500 machine hours and Product B consumes 36,500. Hint Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Suppose Bluefield Corp. uses a traditional costing system with number of labor hours as the cost driver. Determine the amount of overhead assigned to each product line if Product A requires 77 percent of the labor hours and Product B requires 23 percent. (Round your final answers to nearest whole dollar amount.) Overhead Assigned Product A Product B Required 1 Required 2 > Chapter 4 Assignment i Saved Bluefield Corp. has two product lines, A and B. Bluefield has identified the following information about its overhead and potential cost drivers: points $83,700 Skipped Total overhead Coat drivers Number of labor hours Number of machine hours 3,400 54,000 eBook Required: 1. Suppose Bluefield Corp. uses a traditional costing system with number of labor hours as the cost driver. Determine the amount of overhead assigned to each product line if Product A requires 77 percent of the labor hours and Product B requires 23 percent. 2. Suppose Bluefield uses a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line if Product A consumes 17,500 machine hours and Product B consumes 36,500. Hint Print Complete this question by entering your answers in the tabs below. References Required 1 Required 2 Suppose Bluefield uses a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line if Product A consumes 17,500 machine hours and Product B consumes 36,500. (Round intermediate calculations to 2 decimal places and your final answers to the nearest whole dollar amount.) Overhead Assigned Product A Product B