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Required information [The following information applies to the questions displayed below.) Hickory Company manufactures two products15,000 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 products15,000 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 $674,000 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 Estimated Overhead Expected Cost Activity $216,700 11,000 MHs $ 79,900 170 setups $ 81,000 2 products $ 296,400 13,200 DLHs Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Product YProduct z 6,700 4,300 60 110 1 1 7,700 5,500 7. Which of the four activities is a batch-level activity? General factory activity Machining activity Product design activity Machine setups activity 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Round all intermediate calculations to 2 decimal places.) Answer is complete but not entirely correct. Total manufacturing overhead $ 373,314 cost 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? Total manufacturing overhead cost
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