Julio produces two types of calculators, standard and deluxe. The company is currently using a traditional...

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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: Number of machine hours Number of material moves Number of setups Standard Model 26,400 620 70 Deluxe Model 31,400 920 570 Total estimated overhead costs are $358,840, of which $169,400 is assigned to the materials handling pool and $189,440 is assigned to the setup 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. Answer is not complete.. 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. Note: Round the overhead rate to 4 decimal places and round your final answer to the nearest whole dollar amount.. Overhead Assigned 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: Number of machine hours Number of material moves Number of setups Standard Model 26,400 620 70 Deluxe Model 31,400 920 570 Total estimated overhead costs are $358,840, of which $169,400 is assigned to the materials handling pool and $189,440 is assigned to the setup 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. Answer is not complete.. 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. Note: Round the overhead rate to 4 decimal places and round your final answer to the nearest whole dollar amount.. Overhead Assigned