Required information Bunker makes two types of briefcases, 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 pools: materials handling and setup. Pertinent data follow Humber of labor hours Humber of material moves Humber of setups Fabric Case Leather Can 20,000 540 31 5,000 1,040. 119 Total estimated overhead costs are $243,000, of which $192,000 is assigned to the materials handling pool and $51,000 is assigned to the setup pool. Required: 1. Calculate the overhead assigned to the leather case line using the traditional costing system based on labor hours. 2. Calculate the overhead assigned to the leather case line using ABC. 3. Was the leather case over or undercosted by the traditional cost system compared to ABCY Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Calculate the overhead assigned to the leather case line using the traditional costing system based on labor hours. Note: Do not round intermediate calculations and round your final answer to the nearest whole dollar amount Overhead Assigned Required Required 2>