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 labor$-$hours. It is considering implementing an activity$-$based costing $($ABC$)$ system that allocates all $$597,000$ 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 Z:

Activity Cost Pool Activity Measure Estimated Overhead Cost Expected Activity

Machining Machine$-$hours $ $213,40011,000$ MHs

Machine setups Number of setups $ $61,600140$ setups

Product design Number of products $ $78,0002$ products

General factory Direct labor$-$hours $ $244,00013,200$ DLHs

Activity Measure Product Y Product Z

Machine$-$hours $6,4004,600$

Number of setups $6080$

Number of products $11$

Direct labor$-$hours $7,4005,8003.$ What is the activity rate for the Machining activity cost pool? $($Round your answer to $2$ decimal places.$)$

Required:

$1.$ What is the company$$s plantwide overhead rate?

$2.$ Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z$?$

$3.$ What is the activity rate for the Machining activity cost pool? $($Round your answer to $2$ decimal places.$)$

$4.$ What is the activity rate for the Machine Setups activity cost pool?

$5.$ What is the activity rate for the Product Design activity cost pool?

$6.$ What is the activity rate for the General Factory activity cost pool?

$7.$ Which of the four activities is a batch$-$level activity?

$8.$ Which of the four activities is a product$-$level activity?

$9.$ 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 assigned to Product Z$?$

$11.$ Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z$?$

$12.$ Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z$?$

$13.$ Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z$?$

$14.$ Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z$?$

$15.$ Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z$?$