Hazeinut Corporation manufactures lawn ornaments. it currently has two product lines, the basic and the luxury, Hazeinut has a total of S168730 in overhead The company hasidentified the following information about its overhe ad activity pools and the fwo product lines: 1. Suppose Hazeinut used a traditional costing system with machine hours as the cost driver Determine the amount of overhead assigned to each product line. 2. Calculate the activity rates tor each activity poolin Hazelnut's ABC system 3. Calculate the amount of ovethead that Hazelnut will assign to the basic line if it uses an ABC system 4. Detemine the amount of overhead Hazeinut will assign to the luxury line if it uses an ABC system. 5. Compare the resuits for a troditional 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. Stppoin Hazelinut. astithed to each braduct liat: we liours is the cost driver Determine the amount of overhad