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

what is the plantwide overhead rate? (per DLH)

Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z?

What is the activity rate for the Machining activity cost pool? (per MH)

What is the activity rate for the Machine Setups activity cost pool? (per setup)

What is the activity rate for the Product Design activity cost pool? (per product)

What is the activity rate for the General Factory activity cost pool? (per DLH)

Which of the four activities is a batch-level activity?

a.Machining activity

b.Machine setups activity

c. General factory activity

d. Product design activity

Which of the four activities is a product-level activity?

a. Machine setups activity

b.Product design activity

c. Machining activity

d.General factory activity

Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y?

Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z?

Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z?

Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z?

Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z?

Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z?

Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z?

Required information The Foundational 15 [LO7-1, LO7-3, LO7-4] [The following information applies to the questions displayed below.] Hickory Company manufactures two products-15,000 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 $765,000 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: Estimated Overhead Activity Cost Pool Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Cost Expected Activity S 231,000 11,000 MHs 180,000 $ 94,000 $ 260,000 13,200 DLH:s 300 setups 2 products Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Product Y Product Z 8,000 60 3,000 240 7,000 6,200