2 Whock PIM D Required information [The following information applies to the questions displayed below] Hickory Company manufactures two products-13,000 units of Product Y and 5,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costin (ABC) system that allocates all $745,200 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 setup Product design General factory Activity Heasure Hachine-hours Number of setupe Number of products Direct labor-hours Activity Heasure Machine-hours Number of setupa Number of products Direct labor-hours Estimated Overhead Expented Activity 12,000 Mits 220 setupe Cost 242,400 114,400 $86,000 2 products $302,400 14,400 Dtata Product Y Product 7,200 40 4,900 100 1 1 8,200 6,200 12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z? (Round your "Percentage" answers to 2 decimal places.) Product Y Product Z Machining cost % Required information [The following information applies to the questions displayed below.) Hickory Company manufactures two products-13,000 units of Product Y and 5,000 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 $745,200 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: Machining Activity Cost Pool Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Activity Measure Machine-hours Number of setups i Number of products Direct labor-hours Estimated Overhead Product Y Product 7,200 40 1 8,200 4,800 180 1 6,200 Cost $ 242,400 Expected Activity 12,000 Mila $ 114,400 $ 86,000 $ 302,400 220 setupe 2 products 14,400 DLlls 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? (Round your "Percentage" answers to 2 decimal places.) Product Y Product Z Machine setups cost % %