Required information [The following information applies to the questions displayed below.] Hickory Company manufactures two products-13,000...
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Required information [The following information applies to the questions displayed below.] Hickory Company manufactures two products-13,000 units of Product Y and 5,000 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 $745,200 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 Product Y Product Z 7,200 40 4,800 180 1 8,200 1 6,200 Cost Expected Activity 12,000 MHS 220 setups $ 242,400 $ 114,400 $ 86,000 $ 302,400 14,400 DLHS 2 products 2. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z? (Round your ntermediate calculations to 2 decimal places and your final answers to the nearest whole dollar amount.) Manufacturing overhead allocated Product Y Product Z 372,384 $ 248,256 Required information [The following information applies to the questions displayed below.] Hickory Company manufactures two products-13,000 units of Product Y and 5,000 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 $745,200 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 Product Y Product Z 7,200 40 4,800 180 1 8,200 1 6,200 Cost Expected Activity 12,000 MHS 220 setups $ 242,400 $ 114,400 $ 86,000 $ 302,400 14,400 DLHS 2 products 2. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z? (Round your ntermediate calculations to 2 decimal places and your final answers to the nearest whole dollar amount.) Manufacturing overhead allocated Product Y Product Z 372,384 $ 248,256
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