\begin{tabular}{|l|l|l|} \hline & \multicolumn{1}{|c|}{ActivityRates} & \\ \hline Materials Handling & & per Move \\ \hline Quality Control & & per Inspection \\ \hline Machine Maintenance & & per Machine Hour \\ \hline \end{tabular} Complete this question by entering your answers in the tabs below. Suppose Hazeinut used a traditional costing syatem with machine hours as the cost crwer. Determine the amount of overtvead assigrad to each product line. thote: Do not round intermediate calculations ond round your fingl atriewers to the negrent whole dollar amaunt. Calculate the amount of overhead that Hereinut will assign to the basic line if it uses an ABC system. Note: Round your intermed ate and final answers to the nearest wholo doilar. Complete this question by entering your answers in the tabs below. PA4-1 (Algo) Assigning Costs Using Traditional System, ABC System [LO 4-1, 4-3, 4-4, 4-6] Hazelnut Corporalion manufactures lawn ornaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total of $186,750 in overhead. The company has identified the following information about its overhead activity poots and the two product ines: Required: 1. Suppose Hazelnut used a traditional costing system with machine hours as the cost divet. Deternine the amount of oveshead assigned to each product ine. 2. Calculate the activity tates for each activity pool in Hazelnut's ABC system. 3. Cakculate the amount of overhead that Hazelnut will assign to the basic Ine if it uses an ABC system. 4. Defermine the amount of overhead Hazelnut will assign to the luxury ine if it uses an ABC syslem. 5. Compare the results for a fraditional system with that of an ABC system. Which do you think is more accutate? Complete this question by entering your answers in the tabs below. Complete this question by entering your answers in the tabs below, Determire the arnount of orerhead Hazeinut will assign to the hourv line if t uses on ABC srstem Note Round your intermed ate and final answors to tiso nearent nholy dallar