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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

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 $732,100 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 $ 209,000 10,000 MHs
Machine setups Number of setups $ 171,100 290 setups
Product design Number of products $ 93,000 2 products
General factory Direct labor-hours $ 259,000 12,000 DLHs

Activity Measure Product Y Product Z
Machine-hours 7,900 2,100
Number of setups 50 240
Number of products 1 1
Direct labor-hours 8,900 3,100

11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? (Round your "Percentage" answers to 2 decimal place.)

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