Required information E4-12 and E413 Bunker makes two types of briefcases, fabric and leathet. The company is currently using a traditional costing system with labor hours as the cost driver but is considering swiching to an activity-based costing system, In preparation for the possible switch, Bunker has Identified two activity poolsi materiais handling and setup. Pertinent data follow. Total estimated overhead costs are $214,000, of which $175,000 is assigned to the materials handling pool and $39,000 is assigned to the setup pool. 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 fabilc case using the traditional costing system based on labor hours: 2. Calculate the overhead assigned to the fabric case using ABC. 3. Wes 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. Calculate the overhead assigned to the fabric case using the traditional costing system based on labor hours. Note: Do not round intermed ate calculations and round your final answec to the nearest whole doliar amount. Required information E4-12 and E413 Bunker makes two typos of briefcases. fabric and leather. The company is currenty using a tradaional 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 pooks: materials handing and setup. Pertinent data follow: Total estimbted cverheed costs are $214,000, of which $175,000 is assigned to the materiais handiling pool and $39,000 is assigned to the sotup pool. E4-12 (Algo) Assigning Costs Using Traditional System, ABC System [LO41,43,44,45,46] Required: 1. Calculate the oveihead assigned to the fabric case using the traditional costing system based on labor hours. 2. Calculate the overhead assigned to the fabric case using ABC. 3. Wos the fabric case ovec- or undercosted by the traditional cost system compared to ABC? Complete tbis question by entering your answers in the tabs below. Calculate the overhead assigned to the fabric case using ABC. Wote: Round activity rates or activity proportions and intermedtote calculations to fo decimat plsces. Round your final answer to the nearest whole dollar. Required information E4-12 and E4-13 Bunker makes two types of briefcases, fabric and leather. The company is currently using a traditional costing system with labor hours as the cost ditiver but is consldering switching to an actlvity-based costing system. In preparation for the possible swich, Bunker has identified two activity pooks: materials handing and setup. Pertinent data foliow: Total estimated overheod costs are $214,000, of which $175,000 is assigned to the materiais handing pool and $39,000 is assigned to the setup pool. E4-12 (Algo) Assigning Costs Using Traditional System, ABC System [LO 4-1, 4-3, 4-4, 4-5, 4-6] Required: 1. Caiculate the overhead assigned to the fabric case using the traditional costing system bosed on labor hours. 2. Calculate the ovemhead assigned to the fabric case using ABC. 3. Was the tabic case over- or undercosted by the traditional cost system compered to ABC ? Complete this queation by entering your answers in the tabs below. Was the fabnc case over or undercosted by the traditional cost system compared to ABC
