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:

$\backslash$table$[[$Activity Cost Pools,Cost Driver,$\backslash$table$[[$Cost$],[$Assigned to$],[$Pool$]],\backslash$table$[[$Quantity$/$Amount$],[$Consumed by$],[$Standard Floor Mat Line$]],\backslash$table$[[$Quantity$/$Amount$],[$Consumed by$],[$Deluxe Floor Mat Line$]]],[$Material handling,Number of moves,$$2,821\mathrm{.}00,38$ moves,$53$ moves$],[$Quality control,Number of inspections,$$8,479\mathrm{.}00,690$ inspections,$700$ inspections$]]$

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.

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Req $1$

Req $2$ and $3$

Calculate the amount of overhead that Schell will assign to the Standard floor mat line. $($Round your intermediate calculations to $2$ decimal places.$)$

Determine the amount of overhead Schell will assign to the Deluxe product line. $($Round your intermediate calculations to $2$ decimal places.$)$

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$\backslash$table$[[,,\backslash$table$[[$Total Overhead$],[$Assigned$]]],[2.,$Standard floor mat line,$$,27,135ox$