E4-12 Assigning Costs Using Tradltlonal System, ABC System LO 4-1, 4-3, 4-4,4-5, 4-6 Bun or makes two types or bnc casc abr and kamor T c compa y is currentusing cost pools matcrials handling and sctup. Fcrtncnt data follow tr dmonal costing Systom w with labor hours as the c ost dr er but considcnng 3 itching to an act ty basod cos ng system preparation for tho possblo 5 tch Bunker has dcmned two act ty n Case Leather Case Numbar at labor haurs Number of msterisl mo Number of sctup 1.340 Total estimated cverhead costs are 5367,500 or which S300,000 is assigned the materials handing cost pool and $67 5CO is assigned to the setup cost pool Required 1. Cakulate the overhead assigned to the fabnc case using the tradtonal costing system based on direct labor hours. (Do not round Intermediate calculations and round your Tinal answer to the nearest whole dollar amount.) 2. Cakulate the overhead assigned to the fabric case using ABC. (Round activity rates or activity proportions, and intermediate calculations to four decimal places.) 3. VWas the tabrr case over- ar undercosted by the tradtanal cost system cammpared to ABC