information is available for the company as a whole and for Products Y and Z Estimated Overhead Cost Expected Activity vity Cost Pool Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups5 Number of products $ 77,000 Direct labor-hours 364,500 14,400 DLHs 231,600 12,000 MHs 5,900130 setups 2 products Activity Measure! Product. YProduct Machine-hours Number of setups Number of products Direct 1abor-hours 9,0005,400 6,3005,700 90 40 Foundational 7-1 Required 1. What is the company's plantwide overhead rate? (Round your answer to 2 decimal places.) Plantwide overhead rate per DLH information is available for the company as a whole and for Products Y and Z Estinated Overhead Expected ty Activity Heasure Machine-hours tivit Coat $ 231,600 12,000 MHs Machining Machine setups Product design General factory 55,900 Number of products 77,000 Number of setups 130 setups 2 products Direct labor-hours 364,500 14,400 DL.R Activity Measure Product Y Product Machine-hours Number of setups Number of products Direct labor-hours 9,000 5,400 6,300 4 0 5,700 90 Foundational 7-2 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 Productz Manufacturing overhead allocated 1 Number of setups 40 Foundational 7-3 per MH (ABC) system that allocates all $729,000 of its manufacturing overhead to four cost pools. The following information is available for the company as a whole and for Products Y and Z an $231,600 12,000 MH $ 55,900 40 Direct labor-hours 9,000 Foundational 7-4 4. What is the activity rate for the Machine Setups activity cost pool? uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all $729,000 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 Overhead Machine setups Product design General factory Machine-hours Number of setups Number of products $ 77,000 $ 231,600 12,000 MHs s 55,900 130 setups 2 produets Direct 1abor-hours 364,500 14,400 DLHs 6, 3005,700 90 Machine-hours Number of setups Number of products Direct labor-hours 4 0 9, 000 5,400 Foundational 7-5 5. What is the activity rate for the Product Design activity cost pool? per product uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all $729,000 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 Expected Activity Machining Machine setups Product design 231,600 12,000 MHs 55,900 77,000 130 setups Number of setups Number of products 2 products 6,300 40 5, 700 90 Number of setups Number of products 9,000 5,400 Foundational 7-6 6. What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.) per DLH Product design General factory factory Direct labor-hours 64,900 14,403 pradcts Number of products $ Direct labor-hours 364,500 14,400 DH 2 products Machine-hours Number of setups Number of products 6, 300 40 5,700 90 Direct labor-hours 9,000 5,400 Foundational 7-7 7 Which of the four activities is a batch-level activity? OGeneral factory activity OMachining activity OMachine setups activity O Product design activity General factory 6,300 40 5,700 90 Number of setups Number of products Direct labor-hours 9,000 5,400 Foundational 7-8 8. Which of the four activities is a product-level activity? Machine setups activity Product design activity General factory activity OMachining activity (ABC) system that allocates all $729,000 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 Activity Machining Machine-hours Number of setups Number of products $77,000 Direct labor-hours $364,500 14,400 DLH $ 231,600 12,000 MHs $ 55,900 130 setups Product design 2 products 6,3005,700 90 Nunber of setups Number of produets Direct labor-hours9,0005,400 40 Foundational 7-9 9 Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Round all intermediate calculations to 2 decimal places.)
