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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 labor-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 Activity Measure Estimated Overhead Cost Expected Activity
Machining Machine-hours $ 246,000 12,000 MHs
Machine setups Number of setups $ 137,500 250 setups
Production design Number of products $ 89,000 2 products
General factory Direct labor-hours $ 357,000 14,000 DLHs
Activity Measure Product Y Product Z
Machining 7,500 4,500
Number of setups 40 210
Number of products 1 1
Direct labor-hours 8,500 5,500

Required: Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Round your intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.)

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