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 labor-hours. It is considering implementing an activity based costing (ABC) system that allocates all $705,600 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 Cast Pool Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 192,000 $ 50,400 $ 76,000 $ 387,200 Expected Activity 10,00 MHS 120 setups 2 products 12.00 DLHS Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Product Y 6,200 Se 1 10,000 Product Z 3,80 70 1 2.900 2. 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 your final answers to the nearest whole dollar amount.) Product Y Product Manufacturing overhead allocated 3. What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.) Activity rate per MH 4. What is the activity rate for the Machine Setups activity cost pool? Activity rate per setup 5. What is the activity rate for the Product Design activity cost pool? Activity rate per product 6. What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.) Activity rate per DLH 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Round all ir calculations to 2 decimal places.) Total manufacturing overhead cant 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? Total manufacturing overhead cost 12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z2 (Round your "Percentage" answers to 2 decimal places.) Product Z Product Y % Machining cost Foundational 7-13 (Algo) 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z (Round your "Percentage" answers to 2 decimal places.) Product Y Product Z Machine setups cost 14. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z? Product Product Y 9 Product design cost % 15. Using the ABC system, what percentage of the General Factory cost is assigned to product Y and Product Z? (Round your "Percentage" answers to 2 decimal place.) Product Y Product Z General factory cost %
