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 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 $216,700 $ 79,900 Expected Activity 11,000 MH 170 setups $ 81,000 $296,400 2 products 13,200 DLHs Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Product Y 6,700 60 1 Product Z 4,300 110 7,700 5,500 Required: Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar amount.) Manufacturing overhead allocated Product Y Product Z 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 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 $216,700 $ 79,900 Expected Activity 11,000 MH 170 setups $ 81,000 $296,400 2 products 13,200 DLHS Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Product Y 6,700 60 Product Z 4,300 110 1 1 7,700 5,500 Required: What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.) Activity rate per DLH