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v Julio produces two types of calculators, standard and deluxe. The company is currently using a traditional costing system with machine hours as the cost

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Julio produces two types of calculators, standard and deluxe. The company is currently using a traditional costing system with machine 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 handling and setup. The collected data follow. Standard Number of machine hours Number of material moves Number of setups to the setup pool Required: model 26, 2e 61e Deluxe model 31,2aa ela Total estimated overhead costs are $370,560, of which $182,400 is assigned to the materials handling pool and $188,160 is assigned 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 Required 2 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. sslgn Standard Model Deluxe Model 169,252 201,552 Required 1 Required 2

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