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E$4-10($Algo$)$ Assigning Costs Using Activity Rates $[$LO $4-4]$

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 cost pools:

Required:

Calculate the activity rates for each cost 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.

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

Req $1$

Req $2$ and $3$

Calculate the activity rates for each cost pool assuming Schell uses an ABC system. $($Round your answers to $2$ decimal places.$)$

$\backslash$table$[[,\backslash$table$[[$Activity$],[$Rate$]],],[$Material Handling,$$,74\mathrm{.}24,$per Material Move$],[$Quality Control,$$,12\mathrm{.}28,$per Inspection$],[$Machine maintenance,$$,5\mathrm{.}20,$per Machine Hour$]]$