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PLEASE HELP ME Required information The Foundational 15 (Algo) [L07-1, LO7-3, 107.4) [The following information applies to the questions displayed below) Hickory Company manufactures two

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Required information The Foundational 15 (Algo) [L07-1, LO7-3, 107.4) [The following information applies to the questions displayed below) Hickory Company manufactures two products-13,000 units of Product Y and 5,000 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 $813,600 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 Cont Pool Machining Machine setup Product design General factory Activity Measure Machine-hours Tumber of setupe Number of products Direct labor-hours Estimated Overhead Expected Cont Activity 5.249.600 12,000 HOT $ 162,400 280 setups $ 92,000 2 products 5 30), 600 14,400 DLS Activity Measure Machine hours Number of setups Number of producte Direct labor-hours Product Product 7.800 4,200 40 240 1 1 8,000 5,600 Required: 1. What is the company's plantwide overhead rate? (Round your answer to 2 decimal places.) Plantwide overhead rate per DLH 2. Using the plontwide 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 Product Manufacturing overhead allocated 3. What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.) Activity rate per MH 4. What is the activity rate for the Machine Setups activity cost pool? Activity rate per setup 5. What is the activity rate for the Product Design activity cost pool? Activity rate per product 6. What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.) Activity rate per DLH Foundational 7-9 (Algo) 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.) Total manufacturing ova cost Foundational 7-10 (Algo) 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? Total manufacturing overhead cost Foundational 7-11 (Algo) 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.) Product Y Product z Manufacturing overhead % 12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z? (Round your "Percentage answers to 2 decimal places.) Product Y Product z Machining cost Foundational 7-13 (Algo) 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? (Round your "Percentage" answers to 2 decimal places.) Product Y Product Machine setups cont undation 1-14 (Algo) 14. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z? Product Y Product Z Product design cost 96 % Foundational 7-15 (Algo) 15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? (Round your "Percentage" answers to 2 decimal place.) Product Y Product 2 General factory cost

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