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answer questions 1-15 please Hickory Company manufactures two products 14.000 units of Product Y and 6.000 units of Product Z. The company was a plantwide

answer questions 1-15 please
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Hickory Company manufactures two products 14.000 units of Product Y and 6.000 units of Product Z. The company was a plantwide overhead rate based on direct laber-hours. It is considering implementing an activity based costing (ABC) ystem that allocutes all 5684,000 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 2: Activity Cost Pool Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $200.000 $100,000 $84.000 $300,000 Expected Activity 10,000 Mits 200 2products 12.DOODLMS Activity Measure Machine-hours Number of setups Number of products Direct labor hours Product Product Z 7,000 3.000 50 150 1 1 8.000 4000 Required: 1. What is the company's plantwide overhead rale? 2. Using the plantwade overhead rate, how much manufacturing owerhoud cost is allocated to Product Y? How much is allocated to Product Z 3. What is the activity rate for the Machining activity colt pool! 4. What is the activity rate for the Machine Setups activity cost pool? 5. What is the activity rate for the Proxect Design activity cont pool? 6. What is the activity rate for the General Factory activity cost pool? 7. Which of the four activities as a bach-level activity? Why? 8. Which of the four activities is a product-lovcl activity Why 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y 10. Using the ABC system, how much total manufacturing overhead cost would be used to Product Z 11. Using the plantside overhead rate, what percentage of the total overhead cott is allocated to Product Y? What percentage is allocated to Product Z? 12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y? What percentage is assigned to Product Z? Are these percentages similar to those obtained in requirement 11% Why? 13. Using the ABC syster, what percentage of Machine Setups cost is assigned to Product Y? What percentage is assigned to Product Z' Are these percentages similar to those obtained in requirement 117 Why 14. Using the ABC system, what percentage of the Product Design cost is assigned to Produd Y? What percentage is assigned to Product Z? Are these percentagos similar to those obtained in requirement 11? Why? 15. Using the ABC system, what percentage of the General Factory cost is assigned to product Y? What percentage is assigned to Product Z? Are these percentages similar to those obtained in requirement 112 Why

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