Julio produces two types of calculators, 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 activity pools: materials handling and setup. The collected data follow: Total estimated overhead costs are $382,020, of which $186,000 is assigned to the materials handling pool and $196,020 is assigned to the setup pool. Required: 1. Calculate the overhead assigned to each product using the traditional cost system. 2. Calculate the overthead assigned to each product using ABC