Required information Bunker makes two types of briefcases, fabric and keather. The cocrpany is currertly using a tradalonal costing system with labor hours as the cost diver but is constering switching to an activity based costing system. In preparation for the possible swith. Bunker has identified two activity pools materials handing and setup. Pertinent data foeow? Total estimated overhead costs are $293,300, of which $240.500 is assigned to the matertas handling pool and $52,800 is assigned to the setup pool. Required: 1. Calculate the ovehead aswigned to the le ather cose line using the troditonal casting syitern based an fabar hoors 2. Calculate the overhead assigned to the leather cose line uung ABC. 3. Was the ieather case over-or andercosted by the traditional cost symomicompued to ABC? Required information Bunker makes two types of briefcases, fabric and keather. The cocrpany is currertly using a tradalonal costing system with labor hours as the cost diver but is constering switching to an activity based costing system. In preparation for the possible swith. Bunker has identified two activity pools materials handing and setup. Pertinent data foeow? Total estimated overhead costs are $293,300, of which $240.500 is assigned to the matertas handling pool and $52,800 is assigned to the setup pool. Required: 1. Calculate the ovehead aswigned to the le ather cose line using the troditonal casting syitern based an fabar hoors 2. Calculate the overhead assigned to the leather cose line uung ABC. 3. Was the ieather case over-or andercosted by the traditional cost symomicompued to ABC