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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 Product
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: Estimated Activity Measure Overhead Cost Expected Activity Machining Machine-hours $227,780 11, 890 MH Machine setups Number of setups $153, 980 270 setups Product design Number of products $ 91, 080 2 products General factory Direct labour-hours $257, 090 13, 280 DLHS Activity Measure Product Y Product 2 Machine-hours 7,789 3,389 Number of setups 218 Number of products 1 Direct labour-hours 8,789 4,589 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.) Product Y Product Z Manufacturing overhead allocatedRequired: What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.) Activity rate per DLH
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