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Hickory Company manufactures two products13,000 units of Product Y and 5,000 units of Product Z. The company uses a plantwide overhead rate based on direct
Hickory Company manufactures two products13,000 units of Product Y and 5,000 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 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: (The total estimated overhead cost may not agree with the sum of allocated overhead costs to each product.)
Hickory Company manufactures two products13,000 units of Product Y and 5,000 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 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: (The total estimated overhead cost may not agree with the sum of allocated overhead costa to each product) Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine - hours Number of setups Number of products Direct labour-hours Estimated verhead Cost Expected Activity $242,400 12,090 MHs $114, 400 229 setups $ 86,000 2 products $302 489 12 900 DLHS Product y product z 4.800 Activity Measure Machining Number of setups Number of products Direct labour-hours 189 1 1 3800 Requlred: What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.) Activity rate per DLA Hickory Company manufactures two products13,000 units of Product Y and 5,000 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 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: (The total estimated overhead cost may not agree with the sum of allocated overhead costs to each product.) Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Estimated Overhead Cost Expected Activity $228,000 12,000 MHs $ 40,000 109 setups $ 74,000 2 products $288,000 12,000 DLHS Product Y Product Z 6, 803 6,888 Activity Measure Machining Number of setups Number of products Direct labour-hours Requlred: Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? (Round your answers to 2 decimal place.) Product Y Total overhead cost Hickory Company manufactures two products15,000 units of Product Y and 7.000 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 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: (The total estimated overhead cost may not agree wlth the sum of allocated overhead costs to coch product) Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Estimated Overhead Cost Expected Activity $213,400 11,000 MHs $ 61,600 140 setups $ 78,000 2 products $244,000 10,800 DLHS Product V Product z Activity Measure Machining Number of setups Number of products Required: What is the activity rate for the Machining activity cost pool? (Round your answer to 2 declmal places.) Activity rate per MH 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 labour-hours. It is considering implementing an activity-based 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: (The total estimated overhead cost may not agree with the sum of allocated overhead costs to each product.) Activity Cost Pool Machining Machine Setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Estimated Overhead Cost Expected Activity $235,200 12 eee MHS $ 73,600 162 setups $ 89,800 2 products $295, 200 12,000 DLHS Product Y Product z 5, 480 Activity Measure Machining Number of setups Number of products Direct labour-hours 120 7,689 Required: What is the activity rate for the Product Design activity cost pool? Design achi Aess rate per product Hickory Company manufactures two products15,000 units of Product Y and 7.000 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 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: (The total estimated overhead cost may not agree with the sum of allocated overhead costs to cach product) Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine - hours Number of setups Number of products Direct labour-hours Estimated Overhead Cost Expected Activity $224,400 11, 800 MHs $129,600 248 setups $ 88,000 2 products $254,000 10,000 DLHS Product Y Product z 3,680 Activity Measure Machining Number of setups Number of products Direct labour-hours 180 1,689 Required: Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Round your Intermediate calculations to 2 decimal places.) Total manufacturing overhead cost
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