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Please correct #3 and #4 Hazelnut Corp. manufactures lawn ornaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total
Please correct #3 and #4
Hazelnut Corp. manufactures lawn ornaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total of $174,610 in overhead. The company has identified the following information about its overhead activity cost pools and the two product lines: Cost Assigned to Pool $ 2,940 $ 27,47 $ 144,200 Quantity/Amount Consumed QuantitylAmount Consumed Activity Cost Pools Materials handling Quality control Cost Driver Number of moves Number of inspections Number of machine hours by Basic 25 moves 170 inspections 5,700 machine hours by Luxury 35 moves 165 inspections 4,600 machine hours Machine maintenance 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.) Answer is complete and correct. Basic Model Luxury Model S 96,629Assigned S 77,981Asiged 2. Calculate the activity rates for each cost pool in Hazelnut's ABC system. Answer is complete and correct. Activity Rates Materials Handling Quality Control Machine 49 per Move 82per 14 per Machine Inspection
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