Chapter 4 Homework Part 2 Saved 15 Hazelnut Corp. manufactures lawn ornaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total of $163,524 in overhead. The company has identified the following information about its overhead activity cost pools and the two product lines: 0.93 points Skipped Activity Cost Pools Cost Driver Materials handling Number of moves Cost Assigned to Pool $ 2,924 Quality control Number of inspections $ 30,600 Machine maintenance Number of machine hours $130,000 Quantity/Amount Consumed by Basic 15 noves 220 inspections 5,800 machine hours Quantity/Amount Consumed by Luxury 53 moves 110 inspections 4,200 machine hours eBook Print 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.) References Basic Model Luxury Model Overhead Assigned Overhead Assigned 2. Calculate the activity rates for each cost pool in Hazelnut's ABC system. (Round your answers to the nearest whole dollar.) Materials Handing Quality Control Machine Maintenance Activity Rates per Move per Inspection per Machine Hour Help S Chapter 4 Homework Part 2 15 Saved Help Sav 0.93 points Skipped eBook 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.) Basic Model Materials Handing Quality Control Machine Maintenance Total Overhead Assigned $ Print References 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 Materials Handling Quality Control Machine maintenance Total Overhead Assigned $ 0