Calculate overhead assigned, activity rates, and amount of overhead.

Saved Help Save & Exit Sub Check my word PA4-1 (Algo) Assigning Costs Using Traditional System, ABC System (LO 4-1, 4-3,4-4, 4-6) Hazelnut Corp. manufactures lawn ornaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total of $145,912 in overhead. The company has identified the following information about its overhead activity cost pools and the two product lines: Cost Quantity/Amount Quantity/Amount Assigned Consumed by Consumed by Activity Cost Pools Cost Driver to Pool as Luxury Materials handling Number of moves $ 3,072 29 moves 35 moves Quality control Number of inspection $ 37,240 220 inspections 110 Inspections Machine maintenance Number of machine hours $105,600 5,800 machine hours 3,800 machine hours Required: 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 Overhead Assigned Overhead Assigned Luxury Model Seved Help Save & Exit Submit Check my work 2. Calculate the activity rates for each cost pool in Hazelnut's ABC system. (Round your answers to the nearest whole dollar.) Activity Rates Materials Handling Quality Control Machine Maintenance per Move per Inspection per Machine Hour 3. Calculate the amount of overhead that Hazelnut will assign to the basic line if it uses an ABC system. (Round your intermediate and final answers to the nearest whole dollar.) Basic Model Materials Handling Quality Control Machine Maintenance Total Overhead Assigned $