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 labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all $674,000 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 Activity Measure Machining Machine-hours Machine setups Number of setups Number of Product design products General factory Direct labor- hours Estimated Overhead Cost $ 216,700 $ 79,900 $ 81,000 Expected Activity 11,000 MHS 170 setups 2 products $ 296,400 13,200 DLHS Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Product Y Product z 6,700 4,300 60 110 1 1 7,700 5,500 4. What is the activity rate for the Machine Setups activity cost pool? Activity rate per setup 5. What is the activity rate for the Product Design activity cost pool? Activity rate per product 6. What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.) Activity rate per DLH 8. Which of the four activities is a product-level activity? O Machine setups activity O General factory activity O Machining activity O Product design activity 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.) Product Y Product Z Manufacturing overhead % %