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 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 Production design General factory Activity Measure: Machine-hours Number of setups Number of products Direct labour-hours Estimated Overhead Cost $200,000 $100,000 $ 84,000 $300,000 Expected Activity 10,000 MH 200 setups. 2 products 12,000 DLHS Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Product Y 7,000 50 Product Z 3,000 150 1 1 8,000 4,000 Required: What is the company's plantwide overhead rate? Predetermined overhead rate $ 25.00 per DLH 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 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 Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Estimated Overhead Cost $200,000 $100,000 $ 84,000 $300,000 Expected Activity 10,000 MH 200 setups 2 products 12,000 DLHS Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Product Y 7,000 50 Product Z 3,000 150 1 8,000 4,000 Required: Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z? Product Y Product Z Manufacturing overhead allocated 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 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 Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Estimated Overhead Cost $200,000 $100,000 Expected Activity 10,000 MH 200 setups $ 84,000 2 products $300,000 12,000 DLHS Product Y Product 2 7,000 50 3,000. 1 1 8,000 4,000 150 Required: What is the activity rate for the Machining activity cost pool? Activity rate per MH 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 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 Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Product Y 7,000 50 Estimated Overhead Cost $200,000 $100,000 $ 84,000 $300,000 Product Z 3,000 150 1 1 8,000 4,000 Expected Activity 10,000 MH 200 setups 2 products 12,000 DLHS Required: What is the activity rate for the Machine Setups activity cost pool? Activity rate per setup 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 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 Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Estimated Overhead Cost $200,000 $100,000 $ 84,000 $300,000 Expected Activity 10,000 MH 200 setups 2 products 12,000 DLHS Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Product Y 7,000 50 Product Z 3,000 1501 1 1 8,000 4,000 Required: What is the activity rate for the Product Design activity cost pool? Activity rate per product 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 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 Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Estimated Overhead Cost $200,000 $100,000 Expected Activity 10,000 MH 200 setups $ 84,000 $300,000 2 products 12,000 DLHS Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Product Y 7,000 50 Product Z 3,000 150 1 1 8,000 4,000 Required: What is the activity rate for the General Factory activity cost pool? Activity rate per DLH 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 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 Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Estimated Overhead Cost $200,000 $100,000 $ 84,000 $300,000 Expected Activity 10,000 MH 200 setups 2 products 12,000 DLHS Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Product Y 7,000 50 Product Z 3,000 150 1 8,000 Required: Which of the four activities is a product-level activity? O General factory activity O Product design activity O Machining activity O Machine setups activity 1 4,000 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 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 Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Estimated Overhead Cost $200,000 $100,000 $ 84,000 $300,000 Product Y 7,000 50 Product Z 3,000 1 8,000 150 1 4,000 Expected Activity 10,000 MH 200 setups 2 products 12,000 DLHS Required: Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Do not round Intermediate calculations.) Total manufacturing overhead cost 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 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 Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Estimated Overhead Cost $200,000 $100,000 Expected Activity 10,000 MH 200 setups $ 84,000 $300,000 2 products 12,000 DLHS Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Product Y 7,000 50 Product Z 3,000 150 1 1 8,000 4,000 Required: Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Do not round Intermediate calculations.) Total manufacturing overhead cost