Final answer:
Health C US Inc's method of using a traditional product costing system to assign overhead costs is typically indicative of a job costing or process costing system, which allocates overhead based on predetermined overhead rates.
Step-by-step explanation:
Health C US Inc uses a traditional product costing system to assign overhead costs. This type of system is typically associated with either a job costing system or a process costing system. The terms provided in the question do not indicate if the company's products are produced in batches or if they are customized orders, which are the key factors in distinguishing between the two systems. However, traditional costing generally refers to systems that allocate overhead costs based on a predetermined overhead rate, usually applied based on a single cost driver like direct labor hours or machine hours.
Without additional context, and considering only the options given, it is difficult to provide a definitive answer. However, traditional product costing systems typically align more closely with job costing and process costing systems than with activity-based costing or standard costing systems.