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Hickory Company manufactures two products-14,000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide overhead rate based on
Hickory Company manufactures two products-14,000 units of Product Y and 6,000 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: Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Estimated Overhead Cost $192,000 $ 50,400 $ 76,000 $387,200 Expected Activity 10,000 MH 120 setups 2 products 12,000 DLHS Activity Measure. Machine-hours Number of setups Number of products Direct labour-hours Product Y Product Z 6,200 50 1 3,800 70 1 10,000 2,000 Required: What is the company's plantwide overhead rate? (Round your answer to 2 decimal places.) Predetermined overhead rate per DLH Hickory Company manufactures two products-14,000 units of Product Y and 6,000 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: Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours: Estimated Overhead Cost $192,000 $ 50,400 $ 76,000 $387,200 Expected Activity 10,000 MH 120 setups 2 products 12,000 DLHS Activity Measure. Machine-hours Number of setups Number of products Direct labour-hours, Product Y 6,200 50 Product Z 1 3,800 70 1 10,000 2,000 Required: 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 final answers to the nearest dollar amount.) Manufacturing overhead allocated Product Y Product Z Hickory Company manufactures two products-14,000 units of Product Y and 6,000 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: Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products. Direct labour-hours Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Estimated Overhead Cost $192,000 $ 50,400 Expected Activity 10,000 MH 120 setups $ 76,000 $387,200 2 products. 12,000 DLHS Product Y 6,200 50 1 Product z 3,800 70 1 10,000 2,000 Required: What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.) Activity rate per MH Hickory Company manufactures two products-14,000 units of Product Y and 6,000 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: Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Estimated Overhead Cost $192,000 $ 50,400 Expected Activity 10,000 MH 120 setups 2 products. 12,000 DLH Activity Measure Machine-hours Number of setups Number of products: Direct labour-hours. $ 76,000 $387,200 Product Y Product 2 6,200 50 3,800 70 1 1 10,000 2,000 Required: What is the activity rate for the Machine Setups activity cost pool? Activity rate per setup. Hickory Company manufactures two products-14,000 units of Product Y and 6,000 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: Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Estimated Overhead Cost $192,000 $ 50,400 $ 76,000 $387,200 Expected Activity 10,000 MH 120 setups 2 products 12,000 DLHS Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Product Y 6,200 50 Product z 3,800 70 1 1 10,000 2,000 Required: What is the activity rate for the Product Design activity cost pool? Activity rate per product Hickory Company manufactures two products-14,000 units of Product Y and 6,000 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: Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Activity Measure Machine-hours Number of setups Number of products Direct labour-hours. Estimated Overhead Cost $192,000 $ 50,400 $ 76,000 $387,200 Product Y 6,200 50 1 Product Z 3,800 70 1 10,000. 2,000 Expected Activity 10,000 MH 120 setups. 2 products 12,000 DLH Required: What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.) Activity rate per DLH Hickory Company manufactures two products-14,000 units of Product Y and 6,000 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: Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours: Activity Measure Machine-hours Number of setups. Number of products Direct labour-hours Estimated Overhead Cost $192,000 $ 50,400 $ 76,000 $387,200 Product Y Product z 6,200 50 3,800 70 1 1 10,000 2,000 Expected Activity 10,000 MH 120 setups 2 products 12,000 DLH Required: Which of the four activities is a batch-level activity? O Machine setups activity O Product design activity O General factory activity O Machining activity Required information [The following information applies to the questions displayed below.] Hickory Company manufactures two products-14,000 units of Product Y and 6,000 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: Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Estimated Overhead Cost $192,000 $ 50,400. $ 76,000 $387,200 Product Y Product Z 6,200 50 3,800 70 1 10,000 1 2,000 Expected Activity 10,000 MH 120 setups 2 products 12,000 DLHS Required: Which of the four activities is a product-level activity? O Machining activity O Product design activity General factory activity O Machine setups activity 05 Hickory Company manufactures two products-14,000 units of Product Y and 6,000 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: Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Activity Measure Machine-hours Number of setups Number of products Direct labour-hours. Estimated Overhead Cost $192,000 $ 50,400 Expected Activity. 10,000 MH 120 setups 2 products $ 76,000 $387,200 12,000 DLHS Product Y 6,200 50 Product z 3,800 70 1 2,000 1 10,000 Required: Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Do not round intermediate calculations and round your final answer to the nearest dollar amount.) Total manufacturing overhead cost Hickory Company manufactures two products-14,000 units of Product Y and 6,000 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 Machining Machine setups Product design General factory Activity Measure. Machine-hours Number of setups i Number of products Direct labour-hours Estimated Overhead Cost $192,000 $ 50,400 Expected Activity 10,000 MH 120 setups 2 products $ 76,000 $387,200 12,000 DLHS Activity Measure Machine-hours. Number of setups Number of products Direct labour-hours. Product Y 6,200 50 1 Product 2 3,800 70 1 10,000 2,000 Required: Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Do not round intermediate calculations and round your final answer to the nearest dollar amount.) Total manufacturing overhead cost
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