Concord Clothing Company manufactures its own designed and labeled athletic wear and sells its products through catalog sales and retail outlets. While Concord has foryears used activity-based costing in its manufacturing activities. it has always used traditional costing in assigning its selling costs to its product lines. Selling costs have traditionally been assigned to Concordis product lines at a rate of 70% of direct materials costs. Its direct materials costs for the month of March for Concord's \"high-intensity" line of athletic wear are $410000. The company has decided to extend activity-based costing to its selling costs (for internal decision-making only). Data relating to the \"high-intensity\" line of products for the month of March are as follows. Overhead Number ofCost Drivers Activity Cost Pools Cost Drivers Rate Used per Activity Sales commissions Dollar sales $0.05 per dollar sales $944000 AdvertisingTV Minutes $300 per minute 210 AdvertisingInternet Column inches $10 per column inch 2.100 Catalogs Catalogs mailed $2.50 per catalog 64.000 Cost otcatalog sales Catalog orders $1 per catalog order 8.600 Credit and collection Dollar sales $0.03 per dollar sales $944000 (5:) Compute the selling costs to be assigned to the "high-intensity" line of athletic wear for the month of March (1) using the traditional product costing system (direct materials cost is the cost driver). and (2) using activity-based costing. Traditional product costing Activity-based costing Selling cost to be assigned $ $ (b) By what amount does the traditional product costing system undercost or overcost the "high-intensity" product line? Overcost Undercost