1. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Do not round intermediate calculations.)

2. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z?

3. What is the activity rate for the Machining activity cost pool?

4. What is the activity rate for the Machine Setups activity cost pool?

[The following information applies to the questions displayed below) Hickory Company manufactures two products-14.000 units of Product Y and 6.000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z: Estimated Activity Cost Pool Activity Measure Overhead Cost Expected Activity 200,000 Machining Machine-hours 0,000 MHS 100,000 Machine setups Number of setups 200 setups 2 products Production design Number of products 84,000 300,000 12.000 DLHs General factory Direct labor-hours Product Y Activity Measure Product Z Machine-hours 7000 3,000 Number of setups 50 50 Number of products 4,000 Direct labor-hours 8,000