Hazelnut Corp. manufactures lawn ornaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total of $185,501 in overhead The company has identified the following information about its overhead activity cost pools and the two product lines Cost Assigned to Pool $ 2,976 $ 29,925 $152,600 Quantity/Amount Quantity/Amount Consumed Consumed by Basic 12 moves 160 inspections 5,200 machine hours Activity Cost Pools Materials handling Cost Driver Number of moves Number of inspections Number of machine hour Luxury 50 moves 155 inspections 5,700 machine hours Quality control Machine maintenance 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.) Overhead Assigned Overhead Assigned Basic Model Luxury Model 2. Calculate the activity rates for each cost pool in Hazelnut's ABC system. Activity Rates Materials Handling Quality Control Machine Maintenance per Move per Inspection 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 . Determine the amount of overhead Hazelnut will assign to the luxury line if it uses an ABC system. Luxury Model Materials Handling Quality Control Machine maintenance Total Overhead Assigned