Hazeinut Corporation manufactures lawh ornaments it currently has two product lines, the basic and the hixary. Hazeinut has a total of 5155.705 in overtiead. The company has identified the foliowng information about its overhead actevity pools and the fwo product lines? 1. Suppose Hazeinut used a trodicional costing system wath machine hours as the cost driver. Determine the amount of overhead assipned to each product line 2. Calcilate the activity rates for each actwily gool in Hazelnuts ABC system 3. Calculate the amount of owerhead that Hazeinut will assign to the basic ine if a uses an ABC system. 4. Determane the amount of overhead Harelnut will assign to the lukury line if it uses an ABC system 5. Compare the results for a tradifional system with that of an ABC syntent. Which do you think is more accurate? Coerplete this question tw entering your answers in the tabs betow. atsigesed to eash product line. Complete this question by entering your answers in the tabs below. Calculate the activity rates for each activity pool in Hazelnut's ABC system. Note: Round your answers to the nearest whole dollar. Calculate the amount of overhead that Hazelnut will assign to the basic line if it uses an ABC system. Note: Round your intermediate and final answers to the nearest whole dollar. 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 systern Note: Round your intermediate and final 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 accura