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Hazeinut Corporation manufactures lawn omaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total of $175,786 in overhead. The company has identified the following information about its overhead activity pools and the fwo product lines: Required: 1. Suppose Hazelnut used a traditional costing system with machine hours as the cost diver. Determine the amount of overhead assigned to each product line 2. Calculate the activity rates for each activity pool in Hazeinut's ABC system. 3. Calculate the amount of overhead that Hazetnut will assign to the basic line if it uses an ABC . system. 4. Detetmine the amount of overhead Hazelnut will assign to the luxury line if it uses an ABC system. 5. Compare the results for a troditional system with that of an ABC system. Which do you think is more accurate? Complete this question by entering your answers in the tabs below. Suppose Haz4lnut used a traditional costing system wich machine hours as the cost driver. Determine the amount of overhead assigned to elach product lines. Rotn: Do not round intermediato cakculations and roond your final answers to the nearest whole dollor amount. Hazelnut Corporation manufactures lawn ornaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total of $175786 in overhead. The company has identified the following information about its overhead activity pools and the two product lines: Required: 1. Suppose Hazelnut used a traditional costing system with-machine hours as the cost driver. Determine the amount of overhead assigned to exach product line: 2. Calculate the activity rates for each activity pool in Hazelnut's ABC system. 3. Caiculate the amount of overhead that Hazelnut wil assign to the basic line if it uses an ABC system 4. Determine the amount of overhed Hazelnut will assign to the luxury line if it uses an ABC system. 5. Compare the results for a tradiaional system with that of an ABC system. Which do you think is more accurate? Complote this question by entering your answers in the tabs below. Calculate the activity rates for each activity pool in Hazelnut's ABC syizem. 10ote: Aound your angwars to the nearect whole dollar Hazelnut Corporation manufactures lawn ornaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total of $175,786 in overhead The company has identified the following information about its overhead activity pools and the two product lines: Required: 1. Suppose Hazeinut used a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line 2. Calculate the activity rates for each activity pool in Hazelnut's ABC system. 3. Calculate the amount of overhead that Hazelnut wil assign to the basic line if it uses an ABC system. 4. Determine the amount of overhead Hazeinut will assign to the luxury line if it uses an ABC system 5. Compare the results for a traditional system with that of an ABC system. Which do you think is more accurate? Complete this question by entering your answers in the tabs below. Calculate the amount of overhead that Hazelnut will assign to the basic line if it uses an ABC system. Note: Round your intermediate and final answers to the nearest whole dollar Hazelnut Corporation manufactures lawn ornaments. It currently has two product lines, the basic and the luxury. Hazelnut has a total of $175,786 in overhead. The company has identified the following information about its overhead activity pools and the two product lines: Required: 1. Suppose Hazeinut used a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line 2. Calculate the activity rates for each activity pool in Hazelnut's ABC system. 3. Calculate the amount of overhead that Hazelnut will assign to the basic line if it uses an ABC system. 4. Determine the amount of overinead Hazeinut will assign to the luxury line if it uses an ABC system. 5. Compare the results for a traditional system with that of an ABC system. Which do you think is more accurate? Complete this question by entering your answers in the tabs below. Determine the amount of overhead Hazeinut will assign to the luxury line if it uses an ABC system. Note: Round your intermediate and finat answers to the nearest whole dollar Hazeinut Corporation manufactures lawn ornaments. It currently has two product lines, the basic and the luxury Hazelnut has a total of $175,786 in overhead. The company has identified the following information about its overhead activity pools and the two product lines: Required: 1. Suppose Hazelnut used a traditional costing system with machine hours as the cost driver. Determine the amount of ovethead assigned to each product line 2. Calculate the activity rates for each activity pool in Hazelnut's ABC system. 3. Calculate the amount of overhead that Hazelnut will assign to the basic line if it uses an ABC system. 4. Determine the amount of overhead Hazeinut will assign to the luxury line if it uses an ABC system. 5. Compare the results for a traditional system with that of an ABC system. Which do you think is more accurate? Complete this question by entering your answers in the tabs below. Compare the results for a traditional system with that of an ABC system. Which do vou think is more accurate

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