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 labor-hours. It is considering Implementing an activity-based costing (ABC) system that allocates all $684,000 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: Estimated Overhead Expected Activity Cost Pool Activity Measure Cost Activity Machining Machine-hours $ 235,20 12,800 MHS Machine setups Number of setups $ 73,600 168 setups Product design Number of products $80,000 2 products General factory Direct labor-hours $295,200 14,488 BLHS Product Product Activity Measure Machine-hours Number of setups Number of products Direct labor-hours 6,600 40 1 7,600 5,480 120 1 6,880 Required: 1. What is the company's plantwide overhead rate? (Round your answer to 2 decimal places.) Plantwide overhead rate per DLH 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 labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all $684,000 of its manufacturing overhead to four cost pools. The following additional Information is avallable for the company as a whole and for Products Y and Z: Estimated Overhead Expected Activity Cost Pool Activity Measure Cost Activity Machining Machine-hours $ 235,200 12,800 MHS Machine setups Number of setups 5 73,500 168 setups Product design Number of products $80,000 2 products General factory Direct labor-hours $295,200 14,488 blis Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Product Product Z 6,600 5,400 40 120 1 1 7,680 6,880 2. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z? (Round your Intermediate calculations to 2 decimal places and your final answers to the nearest whole dollar amount.) Product Product Z Manufacturing overhead stocated