11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z?

Note: Round intermediate calculations to 2 decimal places. Round your "Percentage" answers to 2 decimal place.

12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z?

Note: Round intermediate calculations and your "Percentage" answers to 2 decimal places.

Hickory Company manufactures two products 15,000 units of Product Y and 7,000 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 $674,000 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