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 Deluxe Model Number of machine hours 27,000 32,000 Number of material moves 650 950 Number of setups 120 600 Total estimated overhead costs are $394,160, of which $176,000 is assigned to the material handling cost pool and $218,160 is assigned to the setup cost pool. Required:

1. Calculate the overhead assigned to each product using the traditional cost system

-Standard Model Overhead Assigned?

-Deluxe Model overhead assigned?

2. Calculate the overhead assigned to each product using ABC.

-Standard Model Overhead assigned?

-Deluxe Model overhead assigned?