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 $729,600 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: Estimated Overhead Activity Cost Pool Activity Measure Cost Expected Activity Machining Machine-hours $ 227, 700 11,000 MHs Machine setups Number of setups $ 153,900 270 setups Product design Number of products $ 91, 000 2 products General factory Direct labor-hours $ 257, 000 13, 200 DLHs Activity Measure Product Y Product Z Machine-hours 7, 700 3,300 Number of setups 60 210 Number of products 1 1 Direct labor-hours 8, 700 4,500 quired: What is the company's plantwide overhead rate