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The company has identified the following information about its overhead activity cost pools and the two product lines: Required: Suppose Hazelnut used a traditional costing

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The company has identified the following information about its overhead activity cost pools and the two product lines: Required: 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.) Calculate the activity rates for each cost pool in Hazelnut's ABC system. Calculate the amount of overhead that Hazelnut will assign to the basic line if it uses an ABC system. Determine the amount of overhead Hazelnut will assign to the luxury line if it uses an ABC system. Compare the results for a traditional system with that of an ABC system. Which do you think is more accurate? Traditional System ABC system

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