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Required information (The following information applies to the questions displayed below.] Hickory Company manufactures two products14,000 units of Product Y and 6,000 units of Product
Required information (The following information applies to the questions displayed below.] Hickory Company manufactures two products14,000 units of Product Y and 6,000 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 $732,100 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 Cost Pool Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 209,000 $ 171,100 $ 93,000 $ 259,000 Expected Activity 10,000 MHS 290 setups 2 products 12,000 DLHS Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Product Y Product Z 7,900 2,100 240 1 1 8,900 3,100 50 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? Total manufacturing overhead cost and Product Z? (Round your 12. Using the ABC system, what percentage of the Machining costs is assigned to Product "Percentage" answers to 2 decimal places.) Product Y Product z Machining cost % % 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 z Machine setups cost % % 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 z Machine setups cost % % 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 % % 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 Z General factory cost % %
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