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-32 Foundational 5-10 (LO2- CC6, 7, 8) Hickory Company manufactures two products-15,000 units of Product Y and 7,000 units of Product Z. The company uses
-32 Foundational 5-10 (LO2- CC6, 7, 8) 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 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.) Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machining Number of setups Number of products Direct labour-hours Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Product Y Product Z 7,700 60 3,300 210 1 1 8,700 1,300 Estimated Overhead Cost $227,700 $153,900 $ 91,000 $257,000 Total manufacturing overhead cost Expected Activity 11,000 MHS 270 setups 2 products 10,000 DLHs Required: Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Round your intermediate calculations to 2 decimal places.)
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