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Foundational 5.3 (LO2-CC6, 7,8) Hickory Company manufactures two products 13,000 units of Product Y and 5,000 units of Product Z. The company uses a plantwide

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Foundational 5.3 (LO2-CC6, 7,8) 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 labour-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overbeod to four cost pools. The following additional information is avalable 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) Required: What is the activity rote for the Mochining activity cost pool? (Round your answer to 2 decimal places.)

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