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Required Information [The following information applies to the questions displayed below.] Hickory Company manufactures two products-14,000 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 products-14,000 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 $705,600 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 : 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.)
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