PA4-1 (Algo) Assigning Costs Using Traditional System, ABC System [LO 4-1, 4-3, 4-4, 4-6] Hazelnut Corp. manufactures lawn ornaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total of $154,603 in overhead. The company has identified the following information about its overhead activity cost pools and the two product lines: Cost Driver Cost Assigned to Pool Number of moves $ 3,723 $29,880 Number of machine hours $121,000 Activity Cost Pools Materials handling Quality control Machine maintenance Number of inspections Quantity/Amount Consumed by Basic 23 moves 220 inspections 5,400 machine hours Quantity/Amount Consumed by Luxury 50 noves 110 inspections 5,600 machine hours 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.) Basic Model Luxury Model Overhead Assigned Overhead Assigned