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4 2 points Hazelnut Corp. manufactures lawn ornaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total of
4 2 points Hazelnut Corp. manufactures lawn ornaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total of $165,251 in overhead. The company has identified the following information about its overhead activity cost pools and the two product lines: Cost Assigned to Pool $ 3,276 eBook Activity Cost Pools Cost Driver Print Materials handling. Quality control Number of moves Number of inspections Machine maintenance Number of machine hours $ 28,975 $133,000 References Required: Quantity/Amount Consumed by Danic 17 moves 240 inspections 5,200 machine hours Quantity/Amount Consumed by Luxury 46 moves 120 inspectione 4,300 machine hours 1. Suppose Hazelnut used a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line. (Do not round intermediate calculations and round your final answers to the nearest whole dollar amount.) Basic Model Luxury Model Overhead Assigned Overhead Assigned
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