I only need the answers to parts 3-5 (please show work)

1 Hazelnut Corp. manufactures lawn ornaments. It currently has two product lines, the basic and the luxury Hazelnut has a total of 5192,090 in overhead The company has identified the following information about its overhead activity cost pools and the two product lines. Cost Quantity/mount Quantity/count Assigned Consumed by Consumed by Activity Cost Pools Cost Driver to Pool Basic Luxury Materials handling Number of seves $ 2,820 11 moves 49 noves Quality control Number of inspections $36,270 220 Inspections 110 Inspections Machine maintenance Number of machine hours 5153,000 5,000 machine hours 5,200 machine hours 20 Doints eBook 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) S Basic Model Luxury Model 94,162 Overhead Assigned 97.926 Overhead Assigned 2. Calculate the activity rates for each cost pool in Hazelnut's ABC system (Round your answers to the nearest whole dollar) Mats Handing Quality Control Machine Menance Activity Rates $ 47 per Move 110 perspection 5 15 per Machine Hour 1 1 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.) 20 points Basic Model Material Handling Quality Control Machine Maintenance Total Overhead Assigned Bole 4. Determine the amount of overhead Hazelnut will assign to the luxury line if it uses an ABC system (Round your intermediate and final answers to the nearest whole dollar) Luxury Model Material Handling Quality Control Machine maintenance Total Overhead Assigned 5. Compare the results for a traditional system with that of an ABC system which do you think is more accurate Traditional System ABC System