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Complete this question by entering your answers In the fabs below. Suppose Hazelnut used a traditional costing system with machine hours as the cost driver. Determine the amount of overhead assigned to each product line. Note: Do not round intermediate caiculations and round your final answers to the nearest whole dollariamount. Hazelnut Corporation manufactures lawn omaments. It currently has two product lines, the basic and the luxury Hazelnut has a total of $151,740 in overtiead. The company has identifled the following information about its overhead activiy pools and the wo product linest 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 Hazeinut'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? Compiate this question by entering your answers in the tabs below. Compore 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 final answers to the nearest whole dollan. 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 intermedate and final answers to the nearest whole dollat. Complete this question by entering your answers in the tabs below. Calculate the activity rates for each activity pool in Hazeinut's ABC system. Note: Round your answers to the nearest whole doliar

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