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Required information Hickory Company manufactures two products13,000 units of Product Y and 5,000 units of Product Z. The company uses a plantwide overhead rate based
Required information Hickory Company manufactures two products13,000 units of Product Y and 5,000 units of Product Z. The company uses a plantwide overhead rate based on direct labour-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: Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Estimated Overhead Cost $242,400 $114,400 $ 86,000 $302,400 Expected Activity 12,000 MHS 220 setups 2 products 14,400 DLHS Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Product Y 7,200 40 1 8,200 Product z 4,800 180 1 6,200 Required: Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Do not round intermediate calculations and round your final answer to the nearest dollar amount.) Total manufacturing overhead cost
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