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Hickory Company manufactures two products 1 3 , 0 0 0 units of Product Y and 5 , 0 0 0 units of Product Z
Hickory Company manufactures two products units of Product Y and units of Product Z The company uses a plantwide overhead rate based on direct laborhours. It is considering implementing an activitybased 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:
Activity Cost Pool Activity Measure Estimated Overhead Cost Expected Activity
Machining Machinehours $ MHs
Machine setups Number of setups $ setups
Product design Number of products $ products
General factory Direct laborhours $ DLHs
Activity Measure Product Y Product Z
Machinehours
Number of setups
Number of products
Direct laborhours
Please solve all Thank you.
Plant wide overhead rate?
Manufacturing overhead allocated for both products
Activity rate per MH
Activity rate per setup
Activity Rate per product
Activity rate per DLH
Using the ABC system, how much total manufacturing overhead cost is assigned to Product Y
Using the ABC system, how much total manufacturing overhead cost is assigned to Product Z
Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z
sing the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z
Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z
Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z
Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z
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