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Che 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

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Che 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 $732,100 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: 1 of 15 Estimated Overhead Cost Expected Activity Activity Cost Pool Machining Machine setups Product design General factory pped 1 Activity Measure Machine-hours Number of setups Number of products 93,000 Direct labor-hours 259,000 12,000 DLHs 209,000 10,000 MHs 171,100 290 setups 2 products Book Print Activity Measure Product YProduct Z Machine-hours Number of setups Number of products Direct labor-hours erences 7,900 50 2,100 240 8,900 3,100 Required: 1. What is the company's plantwide overhead rate? (Round your answer to 2 decimal places.) Plantwide overhead rate per DLH

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