Hazelnut Corp. manufactures lawn ornaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total of $182,774 in overhead The company has identified the following information about its overhead activity cost pools and the two product lines Cost Assigned to Pool $ 3,819 31,955 $147,000 Quantity/Amount Quantity/Amount Consumed Consumed by Basic 29 moves 210 inspections 5,300 machine hours by Luxury 38 moves 175 inspections 4,500 machine hours Activity Cost Pools Materials handling Cost Driver Number of moves Number of inspections Number of 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 tinal answers to the nearest whole dollar amount.) Basic Model Overhead Assigned Overhead Assigned 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