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 $630,000 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 Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products. Direct labor-hours Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Plantwide overhead rale Required: 1. What is the company's plantwide overhead rate? Note: Round your answer to 2 decimal places. Product Y Product Z 10,000 2,000 40 60 1 7,000 Estimated Overhead Cost $ 228,000 $ 40,000 $ 74,000 $ 288,000 per DLH 1 7,400 Expected Activity 12,000 MHS 100 setups 2 products 14,400 DLHS Required Information [The following information applies to the questions displayed below.] 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 $630,000 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 Machining Machine setups Product design General factory Activity Measure) Machine-hours Number of setups Number of products. Direct labor-hours Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Manufacturing overhead allocated Product Y 10,000 40 1 7,000 Estimated Overhead Cost $ 228,000 $ 40,000 $ 74,000 $ 288,000 Product Z 2,000 60 1 7,400 Product Y Expected Activity 12,000 MHS 2. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z? Note: Round your Intermediate calculations to 2 decimal places and your final answers to the nearest whole dollar amount. Product Z 100 setups 2 products 14,400 DLHS Required Information [The following information applies to the questions displayed below.] 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 $630,000 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 Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Activity rate Estimated Overhead Cost $ 228,000 $ 40,000 $ 74,000 $ 288,000 Product Y Product Z 10,000 2,000 40 60 1 7,000 per MH 1 3. What is the activity rate for the Machining activity cost pool? Note: Round your answer to 2 decimal places. 7,400 Expected Activity 12,000 MHS 100 setups 2 products 14,400 DLHS Required Information [The following information applies to the questions displayed below.] 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 $630,000 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 Machining Machine setups Product design General factory Activity Measure Machine-hours: Number of setups Number of products Direct labor-hours! Activity Measure Machine-hours Number of setups. Number of products. Direct labor-hours Activity rate Product Y 10,000 40 1 per setup 7,000 Estimated Overhead Cost $ 228,000 $ 40,000 $ 74,000 $ 288,000 4. What is the activity rate for the Machine Setups activity cost pool? Product Z 2,000 60 1 7,400 Expected Activity 12,000 MHS 100 setups: 2 products 14,400 DLHS Required Information [The following information applies to the questions displayed below.] 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 $630,000 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 Machining Machine setups Product design General factory. Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Activity rate Product Y Product 2 10,000 2,000 40 60 Estimated overhead Cost $ 228,000 $ 40,000 $ 74,000 $ 288,000 1 7,000 per product 5. What is the activity rate for the Product Design activity cost pool? 1 7,400 Expected Activity 12,000 MHS 100 setups 2 products 14,400 DLHS Required Information [The following information applies to the questions displayed below.] 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 $630,000 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 Machining Machine setups Product design General factory Activity Measu Machine-hours Number of setups Number of products. Direct labor-hours Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Activity rate Estimated Overhead Cost $ 228,000 $ 40,000 $ 74,000 $ 288,000 Product Y Product Z 10,000 2,000 40 60 1 1 7.000 6. What is the activity rate for the General Factory activity cost pool? Note: Round your answer to 2 decimal places. per DLH 7,400 Expected Activity 12,000 MHS 100 setups 2 products 14,400 DLHS Required Information [The following information applies to the questions displayed below.] 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 $630,000 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 Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products. Direct labor-hours O Machining O Machine setups Activity Measure Machine-hours Number of setups Number of products Direct labor-hours O General factory O Product design 7. Which of the four activities is a batch-level activity? Estimated Overhead Cost $ 228,000 $ 40,000 $ 74,000 $ 288,000 Product Y Product Z 10,000 2,000 40 60 1 7,000 1 7,400 Expected Activity 12,000 MHS 100 setups. 2 products 14,400 DLHS Required Information [The following information applies to the questions displayed below.] 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 $630,000 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 Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products. Direct labor-hours. O Product design O Machine setups Activity Measure Machine-hours Number of setups Number of products Direct labor-hours O Machining O General factory Which of the four activities is a product-level activity? Estimated Overhead Cost $ 228,000 $ 40,000 $ 74,000 $ 288,000 Product Y Product Z 10,000 2,000 40 60 1 7,000 1 7,400 Expected Activity 12,000 MHS 100 setups 2 products 14,400 DLHS Required Information [The following information applies to the questions displayed below.] 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 $630,000 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 Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products. Direct labor-hours Activity Measure Machine-hours Total manufacturing overhead cost Number of setups Number of products. Direct labor-hours Estimated Overhead Cost $ 228,000 $ 40,000 $ 74,000 $ 288,000 Product Y Product 2 10,000 40 1 7,000 2,000 60 1 7,400 Expected Activity 12,000 MHS 100 setups 2 products 14,400 DLHS 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? Note: Round all Intermediate calculations to 2 decimal places. Required information [The following information applies to the questions displayed below.] 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 $630,000 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 Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours) Activity Measure Machine-hours Number of setups Number of products. Direct labor-hours Total manufacturing overhead cost Estimated Overhead Cost $ 228,000 $ 40,000 $ 74,000 $ 288,000 Product Y Product Z 10,000 2,000 40 60 1 1 7,000 7,400 Expected Activity. 12,000 MHS 100 setups 2 products 14,400 DLHS 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? Required Information [The following information applies to the questions displayed below.] 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 $630,000 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. Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Activity Measure Machine-hours Number of setups Number of products. Direct labor-hours Manufacturing overhead Product Y Product Z 10,000 2,000 40 60 1 1 7,000 7,400 11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? Note: Round your "Percentage" answers to 2 decimal place. Product Y % Estimated Overhead Cost $ 228,000 $ 40,000 $ 74,000 $ 288,000 Product Z % Expected Activity 12,000 MHS 100 setups 2 products 14,400 DLHS Required Information [The following information applies to the questions displayed below.] 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 $630,000 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 Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Machining cost Product Y Product Y Product Z 10,000 2,000 40 60 1 7,400 1 % 7,000 Estimated. Overhead Cost $ 228,000 $ 40,000 $ 74,000 $ 288,000 12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z? Note: Round your "Percentage" answers to 2 decimal places. Product Z % Expected Activity 12,000 MHS 100 setups 2 products 14,400 DLHS Required Information [The following information applies to the questions displayed below.] 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 $630,000 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 Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Activity Measure Machine-hours. Number of setups Number of products Direct labor-hours Machine setups cost Product Y Product Z 10,000 40 2,000 60 1 1 7,000 7,400 Product Y Estimated Overhead Cost $ 228,000 $ 40,000 $ 74,000 $ 288,000 % Product Z 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? Note: Round your "Percentage" answers to 2 decimal places. Expected Activity 12,000 MHS % 100 setups 2 products 14,400 DLHS Required Information. [The following information applies to the questions displayed below.] 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 $630,000 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 Machining Machine setups. Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours. Activity Measure Machine-hours Number of setups Number of products. Direct labor-hours Product design cost Product Y 10,000 40 1 7,000 Product Y % Product Z 2,000 60 1 7,400 Estimated Overhead Cost $ 228,000 $ 40,000 $ 74,000 $ 288,000 14. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z? Product Z % Expected Activity 12,000 MHS 100 setups 2 products 14,400 DLHS Required Information. [The following information applies to the questions displayed below.] 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 $630,000 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 Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Activity Measure Machine-hours Number of setups Number of products Direct labor-hours General factory cost Product Y Product Z 10,000 40 2,000 60 1 1 7,400 7,000 Product Y Estimated Overhead Cost $ 228,000 $ 40,000 $ 74,000 $ 288,000 15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? Note: Round your "Percentage" answers to 2 decimal place. Product Z Expected Activity 12,000 MHS 100 setups 14,400 DLHS 2 products