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 cost pools: materials handling and setup. The collected data follow: Number of machine hours Number of material moves Number of setups Standard Model Deluxe Model 26,600 630 100 31,600 930 580 Total estimated overhead costs are $406,120, of which $202,800 is assigned to the material handling cost pool and $203,320 is 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. Complete this question by entering your answers in the tabs Required 1 Required 2 Calculate the overhead assigned to each product using the traditional places and round your final answer to the nearest whole dollar amour Overhead Assigned Standard Model Deluxe Model Required 1 Required 2 Calculate the overhead assigned to each product using ABC Overhead Assigned Standard Model Deluxe Model