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Please help Julio produces two types of calculators, standard and deluxe. The company is currently using a traditional costing system with machine hours as the

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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, Jullo has identified two activity pools: materials handling and setup. The collected data follow: Total estumated overhead costs are $362,930, of which $183,750 is assigned to the materlals handing pool and $179,180 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

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