Hazelnut Corporation manufactures lawn ornaments. It currently has two product lines, the basic and the fuxury. Hazelnut has a total of $149705 in overhead. The company has identifed the following information about its overhead activity pools and the two product lines: 1. Suppose Hazeinut used a traditional costing system with machine hours as the cost driver Determine the amount of overhead assigned to ench product line. 2. Calculate the activity rates for each activity pool in Hazelnut's AEC system? 3. Calculate the amount of overhead that Hazeinut will assign to the basic lifie if it uses an ABC 5y= tem 4. Determine the omount of overhead Hazelnut will assign to the fuxury line if it uses an ABC system. 5. Compare the results for a traditionat system with that of an ABC system. Which do you think is mere accurate? Complete this question by entering your answers in the tabs below. Seppose Hatelnut used a traditional costing syatem with machine hours as the cost driver Dethrmine the amount ef overheas assigned to each product line