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Required information [The foiiowirrgr information appii'es to the questions dismayed beiow] Hickory Company manufactures two products13,000 units ofProduct Y and 5,000 units of Product Z.
Required information [The foiiowirrgr information appii'es to the questions dismayed beiow] Hickory Company manufactures two products13,000 units ofProduct 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 2: Estimated Activity Measure Overhead Cost Expected Activity Machining Machine-hours $242, 400 12, 000 MH Machine setups Number of setups $114,400 220 setups Product design Number of products 35 86,000 2 products General factory Direct labour-hours $302, 400 14, 400 DLHS ' Activity Measure Product Y Product I Machine-hours T, 200 4, 800 Number of setups 40 180 Number of products 1 1 Direct labour-hours 8, 200 5, 200 ' Required: Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product 2? (Round your intermediate calculations to 2 decimal places and nal answers to the nearest dollar amount.) Manufacturing overhead allocated | l l Required: What is the activity rate for the General Factory activity cost pool? (Round your answer 1:: 2 decimal places.) -_
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