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. 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. Jullo produces two types of calculators, standard and deluxe. The company is currently using a traditional costing system with machint 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 handing and setup. The collected data follow: Total estimated overtiead costs are $381,370, of which $166,950 is assigned to the materiats 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. 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. Calculate the overhead assigned to each product using ABC. 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. 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. Jullo produces two types of calculators, standard and deluxe. The company is currently using a traditional costing system with machint 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 handing and setup. The collected data follow: Total estimated overtiead costs are $381,370, of which $166,950 is assigned to the materiats 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. 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. Calculate the overhead assigned to each product using ABC
