18500 - Midterm Exam - Thursday Saved Hickory Company manufactures two products-14,000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide verhead rate based on direct labour-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of s manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z: (The total estimated overhead cost may not agree with the sum of allocated overhead costs to each product.) Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Estimated Overhead Cost Expected Activity $192,000 $ 50,400 $76,000 $387,200 10,000 MHS 120 setups 2 products 16,000 DLHS Activity Measure Machining Number of setups Number of products Direct labour-hours Product Y Product Z 6,200 50 3,800 70 1 7,200 1 8,800 Required: Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? (Round your answers to 2 decimal place.) Product Y Product Z Total overhead cost % %