Hazelnut Corp. manufactures lawn ornaments It currently has two product lines, the basic and the luxury Hazelnut has a total of $171,500 in overhead. The company has identified the following information about its overhead activity cost pools and the two product lines Consumed Cost Driver Number of moves Number of inspections by Basic 20 moves 250 inspections by Lxury 50 moves 125 inspections 5,000 machine hours to Pool Activity Cost Pools Materials handing Quality control Machine maintenance 14,000 37,500 Number of machine hours 120,000 5,000 machine hours Required: hours as the cost driver. Determine the amount of overhead assigned to each product line. (Do not round 1. Suppose Hazelnut used a traditional costing system with machine 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 Materials Handing Quality Control Machine maintenanoe per Move per Inspection per Machine Hour 12