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Required information Bunker makes two types of briefcase, fabric and leather. The company is currently using a traditional costing systern 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 cost pools: materials handling and setup. Pertinent data follow: Total estimated overhead costs are $243,000, of which $192,000 is assigned to the materials handling cost pool and $51,000 is assigned to the setup cost pool. 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. 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. Calculate the overheod assigned to the febric case using the traditionel costing system based on direct labor hours. (Do not round intermediate calculations and round your final answer to the nearest whole dollar amount.) 2. Caiculate the overhead assigned to the fobric case using ABC. 3. Was the fabric case over- or undercosted by the traditional cost system compared to ABC? Complete this question by antering your answers in the tabs below. Calculate the overhead assigned to the fabric case using ABC. (Round octivity rates or activity proportions and intermediate calculations to four decimal ploces. Round your finat answer to 2 decimal places.) 2. Calculate the overhead assigned to the fabric case using ABC. 3. Was the fabric case over- or andercosted by the traditional cost system compared to ABC ? Complete this question by entering your answers in the tabs below. Was the fabric case over- or undercosted by the traditional cost system compared to ABC