Question: 2 pls E4-14 (Algo) Assigning Costs Using Traditional System, ABC System (LO 4-1, 4-3, 4-4, 4-5) Julio produces two types of calculator, standard and deluxe.
E4-14 (Algo) Assigning Costs Using Traditional System, ABC System (LO 4-1, 4-3, 4-4, 4-5) Julio produces two types of calculator, standard and deluxe. The company is currently using a traditional costing system with machine hours as the cost driver but is considering move to activity-based costing. In preparing for the possible switch, Julio has identified two cost pools materials handling and setup. The collected dato follow Standard Model Deluxe Model Number of machine hours 26,700 31,700 Number of material moves 635 935 Number of setupe 105 505 Total estimated overhead costs are $379,700, of which $172,700 is assigned to the material handling cost pool and $207000s assigned to the setup cost pool Required: 1. Calculate the overhead assigned to each product using the traditional cost system. 2. Calculate the overhead assigned to each product using ABC Answer is not complete. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the overhead assigned to each product using ABC. Overhead Assigned Standard Model Deluxe Model
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