Complete this question by entering your answers in the tabs below. Determine the amount of overhead Hazelnut will assign to the luxury line if it uses an ABC system. Note: Round your intermediate and final answers to the nearest whole dollar. Calculate the activity rates for each activity pool in Hazelnut's ABC system. Note: Round your answers to the nearest whole dollar. Complete this question by entering your answers in the tabs below. Compare the results for a traditional system with that of an ABC system. Which do you think is more accurate? Complete this question by entering your answers in the tabs below. Calculate the amount of overhead that Hazeinut will assign to the basic line if it uses an ABC system. Note: Round your intermediate and final answers to the nearest whole dollar. PA4-1 (Algo) Assigning Costs Using Traditional System, ABC System [LO 4-1, 4-3, 4-4, 4-6] Hazeinut Corporation manufactures lawn ornarments. Ir currenth has ho prodvict limes, the basic and the hixury. Hazelnut has a tolal of $139,085 in owethead: The company has identifed the following information about its overhead activity pools and the two product lines Required: 1. Suppose Hazeinut used a traditional costing systein with machine hours as the cost diver Determine the amount of oveihead assicined to each product line 2. Calculate the activity rates for each octivity pool in Hazelnut's ABC system 3. Calculate the amount of overhedd that.Hareinut wa assiga to the basic line if a uses an ABC system 4. Determine the amount of ovedhead Hazelnut will assign to the haxuline if ases an ABC system 5. Cornpare the results for a traditional system with that of an ADC system. Which do you think is more accurate? Complete this question by cotering your answers in the tats below. Suppose bazelinut used a traditional costing system with machine houri as the cost driven. Determine the amount of overthead assigned to each product line. assigned to each product line. Note Do not round intarmediate calculations and round your finat answers to the neareat whole dollat amount