Required information E4-12 end E4-13 Bunker makes two types of briefcase, fabric and leather. The company is currently using a traditional costing system with labor hours es 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 Fabric Cese Leather Cese 15,00 440 40 Nunber of labor hours Nunber of material moves unber of setups 9,00 660 Total estimated overhead costs are $150,000, of which $110,000 is assigned to the materials handling cost pool and $40,000 is assigned to the setup cost pool. E4-12 (Static) Assigning Costs Using Traditional System, ABC System (L0 4-1, 4-3, 4-4, 4-5, 4-6 Required 1 Calculate the overheed ossigned to the febric cose using the traditional costing system based on direct labor hours 2Calculate the overhead essigned to the febric case using ABC 3. Wes the fabric case over or undercosted by the traditional cost system compered to ABC Complete this question by entering your answers in the tabs below of 6 Next search are $150,000, of which $110,000 is assigned to the materials handling cost pool and assigned to the setup cost pool E4-12 (Static) 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 sysbem based on direct labor hours. (Do not round intermediate caloulations and round your final answer to the nearest whole dollar amount.) Ovethead Assigned 93.750 Required 2 or 6 Prey Next search R G Seved Total estimeted overhead costs are $150,000, of which $110,000 is assigned to the materials handling cost pool and $40,000 is assigned to the setup cost pool. E4-12 (Static) 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 treditional costing system bnsed on direct labor hours. 2. Calculate the overhead assigned to the febric cese 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. red 2 Required 1 Requred 3 Calculate the overhead assianed to the fabric case using ABC. (Round achtivity rates or activity proportions and intermediate calculations to four decimal places. Round your final answer to 2 decimal places) Overhead Assigned Required 3 Required 1 Proy or 6 Next> ch .com/flow/connect.html Seed Hell Total estimated overhead costs are $150,000, of which $110,000 is assigned to the materials handling cost pool and $40,000 is assigned to the setup cost pool E4-12 (Static) 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 besed on direct labor hours 2 Calculate the overheed assigned to the fabric cese using ABC 3. Was the fabric case over- or undercosted by the traditional cost system compered to ABC Complete this question by entering your answers in the tabs below. Requiredp Required 1 Required 21 Was the fabric case over- or undercosted by the traditional cost system compared to ABC Fabric Cace Requred 2 Phey 2 o 6 Ne