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Required information (The following information applies to the questions displayed below. Hickory Company manufactures two products15,000 units of Product Y and 7,000 units of Product
Required information (The following information applies to the questions displayed below. Hickory Company manufactures two products15,000 units of Product Y and 7,000 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 Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Estimated Overhead Cost $210,100 $ 45, 100 $ 75,000 $241,000 Expected Activity 11,000 MH 110 setups 2 products 13,200 DLHS Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Product Y 6,100 50 Product z 4,900 60 1 6,100 7,100 Required: What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.) Activity rate per DLH
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