Julio produces two types of calculator, standard and deluxe. The company is currently using a traditional costing system with machine hours as the cost driver but is considering a move to activity-based costing. In preparing for the possible switch, Julio has identified two cost pools: materials handling and setup. The collected data follow Standard Model 25,600 Number of machine hours Number of material moves Number of setups 58 Deluxe Model 30,689 880 538 90 Total estimated overhead costs are $368,360, of which $189,800 is assigned to the material handing cost pool and $178,560 is assigned to the setup cost pool. Required: 1. Calculate the overhead assigned to each product using the traditional cost system. 2. Calculate the overhead assigned to each product using ABC Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the overhead assigned to each product using the traditional cost system. Round the overhead rate to four decimal places and round your final answer to the nearest whole dollar amount) Overhead Assigned Sandra Mode Del Model I Required 2) Total estimated overhead costs are $368,360, of which $189,800 is assigned to the material handling assigned to the setup cost pool. Required: 1. Calculate the overhead assigned to each product using the traditional cost system. 2. Calculate the overhead assigned to each product using ABC. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the overhead assigned to each product using ABC. Overhead Assigned Standard Model Deluxe Model Required 1