15 6:23 Required information [The following information applies to the questions displayed below.] 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 $597,000 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: Activity Cost Pool Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Estimated Overhead Expected Cost Activity $213,400 11,000 MHS $ 61,600 140 setups Number of products $ 78,000 2 products $244,000 13,200 DLHS Direct labor- hours Product Product Activity Measure Machine-hours Y Z 6,400 4,600 Number of setups 60 80 Number of 1 1 products Direct labor- 7,400 5,800 hours