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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

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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 labour-hours. It is considering implementing an actlivily based costing (ABC) system that alliocites all at its manufacturing overhead to four cost pools. The following additional information is avallable for the compariy as a whole and for Products Y and Z: (The total estimeted overheed cost may not agree with the sum of allocated overhed costs to ench product.) Required: Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? (Round your onswers to 2 decimal ploce.)

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