activity-based costing. In machine hours as the cost driver but is considering a move preparing for the possible switch, Julio has identified two cost pools: materials handling and setup. The collected data follow Standard Model Deluxe Model Number of machine hours Number of material moves Number of setups 26 925 625 85 575 Total estimated overhead costs are $382,020, of which $186,000 is assigned to the material handling cost pool and $196,020 is assigned to the setup cost pool. Required: Calculate the overhead assigned to each product using the traditional cost system. (Round the overhead rate to four decimal places.) Overhead assigned Standard Model Deluxe Model Calculate the overhead assigned to each product using ABC Overhead Assigned Standard Model Deluxe Model