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25 poin 10 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

25 poin 10 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 labour-hours. It is considering implementing an activity-based costing (ABC) system that allocates all 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 (The total estimated overhead cost may not agree with the sum of allocated overhead costs to each product.) Estinated Overhead Cost $195,000 Expected Activity $67,500 10,000 M 150 setup Activity Cost Pool Machining 2017 Machine setups Production design General factory Activity Measure Machine-hour Number of setups Number of products Direct labour-hours $79,000 $245,000 Activity Hessure Machining Wumber of setups Number of products Direct labour-hour Product Y Product 6,500 50 3,500 I 7,500 100 1 2,500 2 producte 10,000 Required: Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.) Product Y Product Z Total overhead cost

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