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Please help will rate if answer is correct Please note this is a 3 part question not 3 separate questions. Please answer all. E4-12 and
Please help will rate if answer is correct
E4-12 and E4-13 Bunker makes two types of briefcase, fabric and leather. The company is currently using a traditional costing system with labor hours as the cost driver but is considering switching to an activity-based costing system. In preparation for the possible switch, Bunker has identified two activity cost pools: materials handling and setup. Pertinent data follow Number of labor hours Number of material moves Number of setups Fabric Case 15.000 672 108 Leather Case 8,000 t428 162 Total estimated overhead costs are $393.300, of which $315.000 is assigned to the materials handling cost pool and $78.300 is assigned to the setup cost pool. References Section Break E4-12 and E4-13 6. Award: 2.00 points E4-12 (Algo) Assigning Costs Using Traditional System, ABC System [LO 4- 1,4-3, 4-4,4-5, 4-6] Required: 1. Calculate the overhead assigned to the fabric case using the traditional costing system based on direct labor hours 2. Calculate the overhead assigned to the fabric case using ABC 3. Was the fabric case over- or undercosted by the traditional cost system compared to ABC? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the overhead assigned to the fabric case using the traditional costing system based on direct labor hours. (Do not round intermediate calculations and round your final answer to the nearest whole dollar amount.) Overhead Assigned Required 2 > E4-12 (Algo) Assigning Costs Using Traditional System, ABC System [LO 4- 1,4-3, 4-4, 4-5, 4-6) Required: 1. Calculate the overhead assigned to the fabric case using the traditional costing system based on direct labor hours. 2. Calculate the overhead assigned to the fabric case using ABC. 3. Was the fabric case over- or undercosted by the traditional cost system compared to ABC? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the overhead assigned to the fabric case using ABC. (Round activity rates or activity proportions and intermediate calculations to four decimal places. Round your final answer to 2 decimal places.) Overhead Assigned E4-12 (Algo) Assigning Costs Using Traditional System, ABC System [LO 4- 1, 4-3, 4-4, 4-5, 4-6] Required: 1. Calculate the overhead assigned to the fabric case using the traditional costing system based on direct labor hours. 2. Calculate the overhead assigned to the fabric case using ABC. 3. Was the fabric case over- or undercosted by the traditional cost system compared to ABC? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Was the fabric case over- or undercosted by the traditional cost system compared to ABC? Fabric Case Please note this is a 3 part question not 3 separate questions.
Please answer all.
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