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Please can someone help me with these other questions asap? i would really appreciate it Hickory Company manufactures two products---14,000 units of Product Y and

Please can someone help me with these other questions asap? i would really appreciate it
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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 implernenting an activity-based costing (ABC) system that allocates all $684,000 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: 10 11 22 13 14 Activity Cost Pool Activity Measure Machining Machine-hours Machine sotups Number of setups Product design Number of products General factory Direct labor-hours Estimated Overhead Cost $200,000 $ 100,000 $84.000 $300,000 Expected Activity 10,000 MHS 200 setups 2 products 12,000 DLHS 15 1 12 Page 341 10 19 20 Activity Measuro Machine-hours Number of sotups Number of products Direct labor hours Product Y Product Z 7000 3,000 50 150 1 1 8,000 4,000 21 2 24 25 Required: 1. What is the company's plantwide overhead rate? Rate answer here $6,84,000 1 Plant wide overhead rate Total Estimated overhead cost(a) Total expected direct labor hrs(b) Predetermined overhead rate(a/b) 12000 =8000+4000 $57 2 Overhead costs allocated to Product Y and Z Product Y Product z 8000 4000 Total direct Labor hrs(a) Predetermined overhead rate(b) Manufacturing overhead allocated ab) $57 $57 $4,56,000 $2,28,000 3 Activity cost pool Machining Machine setups Product Design General factory Estimated overhead cost(a) Estimated activity(b) Activity rate(a/b) $2,00,000 10000 $20 $1,00,000 200 $500 $84,000 2 $42,000 $3,00,000 12000 $25 B D E G H 1 7. Which of the four activities is a batch-level activity? Why? 2 3 4 1) Machining 2) Machine Setup 3) Product Design 4) General Factory 5 6 7 8 Activity that is a batch-level activity 9 10 11 12 13 H 18. Which of the four activities is a product-level activity? Why? 2 3 4 4 5 1) Machining 2) Machine Setup 3) Product Design 4) General Factory 6 7 8 Activity that is a product-level activity 9 10 11 12 F16 3 D E . fx 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? 1 2 3 4 5 Using the ABC system, the total overhead assigned to Products Y and Z is computed as follows: 6 2 8 9 Product Y Expected Activity Amount 7,000 50 1 8,000 Machining, at $20 per machine-hour Machine setups, at $500 per set-up Product design, at $42,000 per product General factory, at $25 per direct labor-hour Total overhead cost assigned Product z Expected Activity Amount 3,000 150 1 4,000 10 12 w 33 14 25 16 17 18 19 20 21 D H 1 2 4 5 2 11. Using the plantwido owerhead rate, what porcentage of the total overhead oost is allocated to Product Y? What percentage is allocated to Product ? 12. Using the ABC system, what percentage of the Machining costs is assigned to product Y? What percentage is assigned to Product Z? Are these percentages similar to those obtained in requirement 117 Why? 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y? What percentage is assigned to Product Z Are these percentages similar to those obtained in requirement. 1l? Why? 14. Living the ABC system, what percentage of the Product Design cost is assigned to Prochuct Y What percentage is assigned to Product Z Are these percentages similar to those obtained in requirement 11? Why? 15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y? What percentage is assigned to Product Z? Are these percentages similar to those obtained in requirement 11? Why? 8 30 11 12 10 14 15 The percentages of overhead assigned using the plantwide and ABC approaches are computed as follows: 16 17 18 10 Product Y (a) (a)+(c) Amount Product Z (6) (b) + (c) Amount % Total (c) Amount Plantwide Approach Manufacturing overhead (see 02) 21 $684,000 23 24 > 26 22 20 Activity-Based Costing System Machining (see 09-10) $200,000 Machine setups (see 09-10) 100,000 Product design (see 09-10) 84,000 General factory(see 09-10) 300,000 Total cost assigned to products 100% $684000 Are the percentages under the plantwide approach and under activity-based costing system similar? Comment HE 35 36 37 38 41 32

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