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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
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 $571,200 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 Expected Activity 11,000 Mila 110 setups 2 products Cont $ 210,100 $45,100 $75,000 $241,000 13,200 DLH 4,900 60 1 7,100 6,100 Product Y Product 6,100 50 12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product 27 (Round your "Percentage" answers to 2 decimal places.)
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