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 25,800 590 70 Deluxe Model 30,800 890 540 Total estimated overhead costs are $347,100, of which $170,200 is assigned to the materials handling pool and $176,900 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.