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Chapter 4 Homework 4 Saved service Fave talk 2 points Skipped Hazelnut Corp. manufactures lawn ornaments. It currently has two product lines, the basic
Chapter 4 Homework 4 Saved service Fave talk 2 points Skipped Hazelnut Corp. manufactures lawn ornaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total of $151,137 in overhead. The company has identified the following information about its overhead activity cost pools and the two product lines: Activity Cost Pools eBook Materials handling Quality control P References Machine maintenance Required: Cost Driver Number of moves Number of inspections Cost Assigned to Pool $2,562 $33,375 Quantity/Amount Consumed by Basic 28 moves 220 inspections Number of nachine hours $115,200 5,500 machine hours Quantity/Amount Consumed by Luxury 13 moves 110 inspections 4,100 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 Help Save
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