11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y? What percentage is allocated to Product Z 12. Using the ABC systems, what percentage of the Machining costs is assigned to Product Y? What percentage is assigned to Product Z. Are these percentages similar to those obtained in requirement 11? Why? 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y? What percentage is assigned to a Product Z? Are these percentages similar to those obtained in requirement 11? Why? 14. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y? What percentage is assigned to Product 2? Are these percentages similar to those obtained in requirement 11? Why? 15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y? What percentage is assigned to Product Z? Are these percentages similar to those obtained in requirement 11? Why? The percentages of overhead assigned using the plantwide and ABC approaches are computed as follows: I Plantwide Approach Manufacturing overhead (see Q2) Activity-Based Costing System Machining (see Q9-10) Machine setups (see Q9-10) Product Y Product Z Total (a) Amount (a)+(c) % (b) (b)+(c) (c) Amount % Amount $684,000 $200,000 100.000 M