Hazelnut Corp. manufactures lawn ornaments. It currently has two product lines, the basic and the luxury Hazelnut has a total of $147,520 in overhead The company has identified the following information about its overhead activity cost pools and the two product lines: Cort Quantity/ Amount Quantity/mount assigned Consumed by Consumed by Activity Court Poole Cost Driver to Pool Basic Luxury Material handling Number of moves $ 4.720 19 noves 61 noves Quality control Number of inspections $36.800 220 inspections 110 inspections Machine maintenance Kunber of machine hours $106.000 5.500 nachine hours 5. 100 nachine 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 della amount.) R. Basic Model Luxury Model Overhead Assigned Overhead Assigned 2. Calculate the activity rates for each cost pool in Hazelnut's ABC system (Round your answers to the nearest whole dollar) Activity Rates Material 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. (Round your intermediate and final answers to the nearest whole dollar.) Basic Model Materials Handling Quality Control Machine Maintenance Total Overhead Assigned $ 0 4. Determine the amount of overhead Hazelnut will assign to the luxury line if it uses an ABC system (Round your interme final answers to the nearest whole dollar.) 2 Luxury Model Materials Handling Quality Control Machine maintenance Total Overhead Assigned $ 0