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Hazelnut Corp manufactures lawn ornaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total of $147,305 in overhead The
Hazelnut Corp manufactures lawn ornaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total of $147,305 in overhead The company has identified the following information about its overhead activity cost pools and the two product lines: Cost Quantity/Amount Quantity/Amount Assigned Consumed by Consumed by Activity Cost Pools Cost Driver to Pool Basic Luxury Materials handling Number of moves $ 3,905 23 moves 48 moves Quality control Number of inspections $ 30,100 220 inspections 110 inspections Machine maintenance Number of machine hours $ 113,300 5, 100 machine hours 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
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