Question - Chapter 4 Homework Conne - Pe Save 10840 ECN201 Microeconomic principles - Vacker mail. pime... Homework @ Saved Help Save & CH PA 4-1 (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 $189,286 in overhead, The company has identified the following information about its overhead activity cost pools and the two product line Cost Quantity/Amount Quantity/Amount Assigned Consumed by Consumed by Activity Cost Pools Cost Driver to Pool Basic Luxury Materials handling Number of moves $ 4,266 24 moves 55 moves Quality control Number of inspections $ 33,820 220 inspections 110 inspections Machine naintenance Number of machine hours $151,200 5,100 machine hours 5,708 machine hours Required: 1. Suppose Hazelnut used a traditional costing system with machine hours as the cost driver. Determine the amount assigned to each product line. (Do not round intermediate calculations and round your final answers to the neares dollar amount.) Basic Model Luxury Model Overhead Assigned Overhead Assigned H