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 activity-based costing (ABC) system that aliocates all of its manufactuting overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z Required: What is the activity rate for the Machine Setups activity cost pool? Required: Which of the four activities is a product-level activity? Product design activity General factory activity Machine setups activity Machining activity Required: What is the activity rate for the Machining activity cost pool? Required: What is the company's plantwide overhead rate? Required: Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z ? Required: Which of the four activities is a batch-level activity? Machine setups activity General factory activity Product design activity Machining activity Required: Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y ? Required: Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z ? Required: What is the activity rate for the Product Design activity cost pool? Required: What is the activity rate for the General Factory activity cost pool