Required information [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 $829,500 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 : 7. Which of the four activities is a batch-level activity? General factory Machine setups Product design Machining Required information [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 $829,500 of its manufacturing overhead to four cost pools. The following additional information is avallable for the company as a whole and for Products Y and Z 8. Which of the four activities is a product-level activity? General factory Machine setups Product design Machining Required information [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 $829,500 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 : 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.) Required information [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 $829,500 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. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? Required information [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 $829,500 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 : 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.) Required information [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 $829,500 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 : 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.) Required information [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 $829,500 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 : 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.)
