Hickory Company manufactures two products14,000 units of Product Y and 6,000 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:

Activity Cost Pool	Activity Measure	Estimated Overhead Cost		Expected Activity
Machining	Machine-hours	$	200,000	10,000	MHs
Machine setups	Number of setups	$	100,000	200	setups
Product design	Number of products	$	84,000	2	products
General factory	Direct labor-hours	$	300,000	12,000	DLHs

Activity Measure	Product Y	Product Z
Machine-hours	7,000	3,000
Number of setups	50	150
Number of products	1	1
Direct labor-hours	8,000	4,000

11. Using the plantwide of the overhead rate, what percentage of the total overhead cost is allocated to product Y? percentage is allocated to product Z

12. Using the ABC system, what percentage of Machining cost is assigned to product Y? What percentage is assigned to product Z? are these percentages similar to those obtained in requirement 11? why?

13. Using the ABC system, what percentage of Machine Setup cost is assigned to product Y? What percentage is assigned to product Z? are these percentages similar to those obtained in requirement 11? why?

14. Using the ABC system, what percentage of Product design cost is assigned to product Y? What percentage is assigned to product Z? are these percentages similar to those obtained in requirement 11? why?

15. Using the ABC system, what percentage of General Factory cost is assigned to product Y? What percentage is assigned to product Z? are these percentages similar to those obtained in requirement 11? why?

16. are the percentages under the plantwide approach and the under activity based costing system similar?

PLEASE SHOW ALL WORKINGS