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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
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 $813,600 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 $ 249,600 12,000 MHS Machine setup Number of setups $ 162,400 280 setups Product design Number of products $ 92,000 2 products General factory Direct labor-hours $ 389,600 14,400 DLHS Activity Measure Machine hours Number of setup Number of products Direct labor-hours Product Product 7,800 4,200 40 240 1 1 8,800 5,600 15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? (Round your "Percentage" answers to 2 decimal place.) Product Product General factory cost
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