Julio produces two types of calculators, standard and deluxe. The company is currently using a traditional costing system with machine hours as the cost diver 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 dota follow: Total estimated overhead costs are $381,370, of which $166,950 is assigned to the materials handing pool and $214,420 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. Complete this question by entering your answers in the tabs below. Caiculate the overhead assigned to each product using the traditional cost system. Note: Round the overtend rate to 4 decimat places and round your finat answer to the nearest whole dollar amourt. Jullo 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 $381,370, of which $166,950 is assigned to the moteriats handling pool and $214,420 is assigned to the setup pool. Required: 1. Caiculate 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. Calculate the overhead assigned to esch product using ABC