2. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z ? Note: Round your intermediate calculations to 2 decimal places and your final answers to the nearest whole dollar amount. 6. What is the activity rate for the General Factory activity cost pool? Note: Round your answer to 2 decimal places. 5. What is the activity rate for the Product Design activity cost pool? 7. Which of the four activities is a batch-level activity? Machine setups Machining Product design General factory 4. What is the activity rate for the Machine Setups activity cost pool? 3. What is the activity rate for the Machining activity cost pool? Note: Round your answer to 2 decimal places. 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z ? 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y ? Note: Round all intermediate calculations to 2 decimal places. Required information [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 $705,600 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 : Required: 1. What is the company's plantwide overhead rate? Note: Round your answer to 2 decimal places. 8. Which of the four activities is a product-level activity? Machine setups Machining Product design General factory 2. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z ? Note: Round your intermediate calculations to 2 decimal places and your final answers to the nearest whole dollar amount. 6. What is the activity rate for the General Factory activity cost pool? Note: Round your answer to 2 decimal places. 5. What is the activity rate for the Product Design activity cost pool? 7. Which of the four activities is a batch-level activity? Machine setups Machining Product design General factory 4. What is the activity rate for the Machine Setups activity cost pool? 3. What is the activity rate for the Machining activity cost pool? Note: Round your answer to 2 decimal places. 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z ? 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y ? Note: Round all intermediate calculations to 2 decimal places. Required information [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 $705,600 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 : Required: 1. What is the company's plantwide overhead rate? Note: Round your answer to 2 decimal places. 8. Which of the four activities is a product-level activity? Machine setups Machining Product design General factory