Hazelnut Corp. manufactures lawn ornaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total of $167,143 in overhead. The company has identified the following information about its overhead activity cost pools and the two product lines: Activity Cost Pools Materials handling Quality control Machine maintenance Cost Driver Number of moves Number of inspections Number of machine hours Cost Assigned to Pool $ 2,788 $ 34,155 $ 130,200 QuantityAmount Consumed by Basic 23 moves 150 inspections 4,100 machine hours Quantity/Amount Consumed by Luxury 45 moves 195 inspections 5,200 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 Luxury Model overhead Assigned overhead Assigned 2. Calculate the activity rates for each cost pool in Hazelnuts ABC system Activity Rates Materials Handling per Move Quality Control per Inspection Machine maintenance per Machine Hour 3. Calculate the amount of overhead that Hazelnut will assign to the basic line if it uses an ABC system. Basic Model Materials Handling Quality Control Machine Maintenance Total Overhead Assigned $ 0