Required information [The following information applies to the questions displayed below.] Hickory Company manufactures two products-15,000 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 $597,000 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 Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Product Y 6,400 60 Product Z 4,600 80 Number of products 1 1 Direct labor-hours 7,400 5,800 Cost $213,400 $ 61,600 $ 78,000 $ 244,000 Expected Activity 11,000 MHS 140 setups 2 products 13,200 DLHS Required: 1. What is the company's plantwide overhead rate? Note: Round your answer to 2 decimal places. Plantwide overhead rate per DLH Required information [The following information applies to the questions displayed below.] Hickory Company manufactures two products-15,000 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 $597,000 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 Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 213,400 Expected Activity 11,000 MHS $ 61,600 140 setups $ 78,000 2 products $ 244,000 13,200 DLHS Product Y 6,400 Product Z 4,600 60 80 1 7,400 1 5,800 2. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z? Note: Round your intermediate calculations to 2 decimal places and your final answers to the nearest whole dollar amount. Product Y Product 2 Manufacturing overhead allocated Required information [The following information applies to the questions displayed below.] Hickory Company manufactures two products-15,000 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 $597,000 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 Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead 2 products 13,200 DLHS Cost $213,400 $ 61,600 Expected Activity 11,000 MHS 140 setups $ 78,000 $ 244,000 Product Y 6,400 60 Product Z 4,600 80 1 1 7,400 5,800 3. What is the activity rate for the Machining activity cost pool? Note: Round your answer to 2 decimal places. Activity rate per MH Required information [The following information applies to the questions displayed below.) Hickory Company manufactures two products-15,000 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 $597,000 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: Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $213,400 $ 61,600 Expected Activity 11,000 MHS 140 setups $ 78,000 2 products $ 244,000 13,200 DLHS Product Y 6,400 Product 2 4,600 60 80 Number of products 1 1 Direct labor-hours 7,400 5,800 Activity Measure Machine-hours Number of setups 4. What is the activity rate for the Machine Setups activity cost pool? Activity riste per setup Required information [The following information applies to the questions displayed below] Hickory Company manufactures two products-15,000 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 $597,000 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 Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estinated Overhead 2 products 13,200 DLHS Cost $213,400 $ 61,600 Expected Activity 11,000 MHS 140 setups $ 78,000 $ 244,000 Product Y Product 2 6,400 4,600 60 88 Number of products 1 1 Direct labor-hours 7,400 5,800 Activity Measure Machine-hours Number of setups 5. What is the activity rate for the Product Design activity cost pool? Activity rate per product Required information [The following information applies to the questions displayed below] Hickory Company manufactures two products-15,000 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 $597,000 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 Machining Machine setups Product design Activity Measure Machine-hours Number of setups Number of products Estimated Overhead Cost $213,400 Expected Activity 11,000 MHS $ 61,600 140 setups $ 78,000 2 products 13,200 DLHS General factory Activity Measure Machine-hours Number of setups Direct labor-hours Product Y Product Z 6,400 60 4,600 80 Number of products 1 1 Direct labor-hours 7,400 5,800 $ 244,000 6. What is the activity rate for the General Factory activity cost pool? Note: Round your answer to 2 decimal places. Activity rate per DLH Required information [The following information applies to the questions displayed below] Hickory Company manufactures two products-15,000 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 $597,000 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 Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Product Y 6,400 Product Z 4,600 60 80 Number of products 1 1 Direct labor-hours 7,400 5,800 Cost $213,400 $ 61,600 $ 78,000 $ 244,000 Expected Activity 11,000 MHS 140 setups 2 products 13,200 DLHS 7. Which of the four activities is a batch-level activity? O Machining O General factory O Product design O Machine setups Required information [The following information applies to the questions displayed below.] Hickory Company manufactures two products-15,000 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 $597,000 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 Machining Machine setups Product design General factory Activity Measure Machine-hours Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $213,400 $ 61,600 $ 78,000 $ 244,000 Product Y 6,400 Product 2 4,600 Number of setups 60 80 Number of products 1 1 Direct labor-hours 7,400 5,800 Expected Activity 11,000 MH 140 setups 2 products 13,200 DLHS 8. Which of the four activities is a product-level activity? O General factory O Product design O Machine setups O Machining Required information [The following information applies to the questions displayed below.] Hickory Company manufactures two products-15,000 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 $597,000 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 Machining Machine setups Product design Activity Measure Machine-hours Number of setups Number of products Estimated Overhead Cost $ 213,400 Expected Activity 11,000 PHS $ 61,600 $ 78,000 2 products $244,000 13,200 DLHS 140 setups General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Direct labor-hours Product Y 6,400 Product Z 4,600 60 80 1 1 7,400 5,800 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? Note: Round all intermediate calculations to 2 decimal places. Total manufacturing overhead cost Required information [The following information applies to the questions displayed below] Hickory Company manufactures two products-15,000 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 $597,000 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 Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Product Y Product Z 6,400 60 4,600 80 Number of products Direct labor-hours: 1 1 7,400 5,800 Cost $213,400 $ 61,600 Expected Activity 11,000 MHs 140 setups 2 products $ 78,000 5 244,000 13,200 DLHS 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z Total manufacturing overhead cost Required information [The following information applies to the questions displayed below.] Hickory Company manufactures two products-15,000 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 $597,000 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 Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead 140 setups 2 products Cost $213,400 $ 61,600 Expected Activity 11,000 MHS $ 78,000 $ 244,000 13,200 DLHS Product Y 6,400 Product 2 4,600 60 1 1 7,400 5,800 11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? Note: Round your "Percentage" answers to 2 decimal place. Product Y Product Z Manufacturing overhead Required information [The following information applies to the questions displayed below.] Hickory Company manufactures two products-15,000 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 $597,000 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 Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $213,400 $ 61,600 Expected Activity 11,000 MHS 140 setups $ 78,000 2 products $ 244,000 13,200 DLHS Product Y Product 2 6,400 4,600 60 80 Number of products 1 1 Direct labor-hours 7,400 5,800 Activity Measure Machine-hours Number of setups 12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z? Note: Round your "Percentage" answers to 2 decimal places. Product Y Product Z Machining cost Required information [The following information applies to the questions displayed below.] Hickory Company manufactures two products-15,000 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 $597,000 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 Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Activity Measure Machine-hours Number of setups Number of products. Direct labor-hours Estimated Overhead Product Y Product Z 6,400 60 4,600 80 1 7,400 1 5,800 Cost $213,400 $ 61,600 Expected Activity 11,000 MHS 140 setups $ 78,000 2 products 5 244,000 13,200 DLHS 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? Note: Round your "Percentage" answers to 2 decimal places. Product Y Product Z Machine setups cost Required information [The following information applies to the questions displayed below.] Hickory Company manufactures two products-15,000 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 $597,000 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 Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Product Y Product 2 Number of products 6,400 60 1 4,600 Direct labor-hours 7,400 1 5,800 Cost $213,400 $ 61,600 Expected Activity 11,000 MHS 140 setups $ 78,000 2 products $ 244,000 13,200 DLHS 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 % Required information [The following information applies to the questions displayed below] Hickory Company manufactures two products-15,000 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 $597,000 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 Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours a Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 213,400 $ 61,600 Expected Activity 11,000 MHS 140 setups 2 products $ 78,000 $ 244,000 13,200 DLHS Product Y 6,400 Product 2 4,600 88 1 5,800 60 1 7,400 15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? Note: Round your "Percentage" answers to 2 decimal place. Product Y Product Z General factory cost