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Hickory Company manufactures two products15,000 units of Product Y and 7,000 units of Product Z. The company uses a plantwide overhead rate based on direct

Hickory Company manufactures two products15,000 units of Product Y and 7,000 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:

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1. Required:

Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your "Percentage" answers to 2 decimal places. (i.e. 0.1234 should be entered as 12.34).)

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2. Required:

Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your "Percentage" answers to 2 decimal places. (i.e. 0.1234 should be entered as 12.34).)

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3. Required:

Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.)

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4. Required:

Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your "Percentage" answers to 2 decimal places. (i.e. 0.1234 should be entered as 12.34).)

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Estimated Overhead Cost Expected Activity Activity Cost Pool Machining Machine setups Production design General factory Activity Measure $227,700 11,000 MHs Machine-hours Number of setups Number of products Direct labor-hours 153,900 $ 91,000 270 setups 2 products 257,000 13,200 DLHs Activity Measure ProductY Product Z 7,700 3,300 210 Machine-hours Number of setups Number of products Direct labor-hours 60 8,700 4,500 Product Y Product Z Machining cost 0 0 Product Y Product Z Machine Setups cost [ 0 0 Product Y Product Z Product design cost % 0 0 Product Y Product Z General factory cost 0 0

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