PA4-1 (Algo) Assigning Costs Using Traditional System, ABC System [LO 4-1, 4-3, 4-4, 4-6] Hazehut Comoration mamufactures iawn ornaments. It currently has two product lines, the basic and the luxury. Hazeinut has a fotal of 5147,42.2 in overhead. The company has identified the following information about its overhead activity pools and the two product lines: Required: 1. Suppose Hazelmut used a tradtional costing system wath machine hours as the cost drivec. Determine the amiount of overhead assigned to esch product line. 2. Cilculate the setvity rotes for each actlity pool in Hazeinut's ABC system. 3. Calculme the amount of overhead tha Hareinut will assign to the basc line if it uses an ABC sviem. 4. Detemine the amount of ovehead Harehnut wit aswign to the luxury line if a uses an ABC system. 5. Compare the resulis for a treditional system wath that of an ABC system. Which do you think is more accurate? Complete this questien by entering veur answers in the tabs below. Suppose hazeint ured a traditional costing watem wath machine hours as the cort eriver. Detcrmine the amount of evemead tivigned tp each product line. Fhote Do not round lintemediate calculations and roend vour final answers to the nearest whole dollar amoynt. PA4-1 (Algo) Assigning Costs Using Traditional System, ABC System [LO 4-1, 4-3, 4-4, 4-6] Hazelnut Corporation manufactures iawn omaments. it currently has fwo product lines, the basic and the luxury, Hazeinut has a total of $147,422 in overthend. The compary has identified the following information about its overhead activity poots and the wo product lines: 1. Suppose Hazeimut used a traditional costing syitem with machine hours as the cost driver. Determine the amount of oyerhead Bssigned to each product line. 2. Cilculate the activiy rates for esch activity pool in Hozelnuts AaC system. 3. Calculate the amount of overhend that Haxelnut will assign to the bask line if it uses an AAC system: 4. Detemine the amount of overthead Hazeinut will assign to the luxury line if it uwes an AGC system. 5. Compore the resuhs for a traditional system with that of an AEC system. Which do you think is moce accurate? Complete this question by entering your answers in the tabs below. Gsiodate the extiny rates for each activity pool in Hatehutv AnC watem. Wote: Pound yout aninwer to the nearest whole gollar PA4-1 (Algo) Assigning Costs Using Traditional System, ABC System [LO 4-1, 4-3, 4-4, 4-6] Hazelnut Corporation manufactures lawn omaments. It currently has two product lines, the basic and the luxury. Hazeinut has a total of $147,422 in overhead. The company has identified the following information about its overhead activily pools and the two product lines: Mequired: 1. Suppose Hareinut used a traditionsl costing system with machine hours as the cost dilvec Determine the amount of overhead assigned to eoch product line. 2. Caiculate the octivity rates for each acility pool in Hazeinurs ABC system. 3. Colculate the amount of overtheed that Harelnut will assign to the boilc ine if it uses an AAC aystem. 4. Dotermine the amount of overhead Hazelnut will assign to the luxury line if it uses an ABC system. 5. Compare the results for a traditional systemt with that of an AeC sysiem. Which do you think is more accurate? Complete this question by entering your answers in the tabs below. Cakculme the amount of evethead that kareinut wit assign to the back line if it uer an AnC sysem. Wothi louend your intermodiath and final answers to the nearest whale dollar PA4-1 (Algo) Assigning Costs Using Traditional System, ABC System [LO 4-1, 4-3, 4-4, 4-6] Hazelnut Corporation manufactures lawn ornaments. It cumently has two product lines, the basic and the luxury. Hazeinut has a total of $147.422 in overheod. The compery has identified the following information about is overheod activity pools and the two product lines: 1. Suppose Hazelint used a traditional costing system with machine hours as the cost drivec. Determine the amount of overhead assigned to each product line. 2. Calculate the octivity rates for each activity poot in Hazeinuts ABC system. 3. Calculate the amount of overhead that Hazeinut wit assign to the basic line if it uses an AAC system. 4. Determine the amount of ovemead Hazelnut wil assign to the lusury line if it uses an ABC syatem. 5. Compare the resuls tor a tradivonal system wah that of an ABC system. Which do you think is more accurate? Complete this question by entering your answers in the tabs below. Determine the amount of oveinead Hareinut will assign to the luxury line if it uses an ABC system, Noto: Found yeur iotermediate and final antwers to the nearest whole dollar
