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Required information Bunker makes two types of briefcases, fabric and leather The company is currently using a traditional costing system with labor hours as the cost diver but is considering switching to an activity based costing system. In preparation for the possible switch, Bunker has identified two octivity poois. materials handing and setup Pertinent data follow. Total estimated overheod costs are $152,000, of which $125,000k assigned to the materiats handling pool and $27.000 is ossigned to the setup pool. Required: 1. Calculate the overhead assigned to the fobric case using the traditional costing system based on labor hours. 2 Colculate the overhead assigned to the fabric case asing ABC 3. Was the fobnc case over-or undercosted by the traditional cost system compared to ABC? Complete this question by entering your answers in the tabs below. Calculate the overhead assigned to the fabric case using the traditional costing system based on labor hours. Note: Do not round intermediate calculations and round your final answer to the nearest whole dollar amount. Required informetion Bunker inakes two types of brelcases, fabric and leather the compony is curreaby using a troditional costing system with labor hours as the cost diver but is considering switching to an activity based costing system in preperationg for the possible switch, Bunkes has identified two activity pools, materiaks handing and setup Pertinent data foliow. Total estimated overthed costs are $152,000, of which $125,000 is essigned to the materials handling D00 and $27,000 is assigned to the situp pool Required: 1. Calculate the overhead assigned to the fabric case using the troditional costing system bosed on labpt hours 2. Calculate the overthend assigned to the fabrk case using ABC 3. Was the fobric case over-or undercosed by the trachitional cost system compared to AGC? Complete this question by entering your answers in the tabs below. Calculate the overhead assigned to the fabric case using ABC. Note: Round activity rates or activity proportions and intermediate calculations to four decimal places. Round your final answer to the nearest whole dollar; Required information Bunker makes two types of briefcases, fatric and leather. The company is currently using a traditional costing system with labor hours as the cost diver but is considering switching to an activity-based costing system. In preparation for the possible swith, Bunker has identified two activity pools; materials handing and setup Pertinent data follow. Total estimated overhead costs are $152.000, of which $125,000 is assigned to the materiats handling pool and $27,000 is assigned to the setup pool. Required: 1. Calculate the ovorbead assigned to the fobric case using the trad wonal costing system based on labor hours 2. Calculate the overthead assigned to the fabric case using ABC 3. Was the fatric case over or undercosted by the traditional cost system compared to ABC ? Complete this question by entering your answers in the tabs below. Was the fabric case over- or undercosted by the traditional cost system compared to ABC